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The latest update is out from Kropz Plc ( (GB:KRPZ) ).
Kropz Plc announced a third drawdown of ZAR 80 million from its ZAR 200 million loan facility with ARC Fund, leaving ZAR 30 million available. This financial move supports Kropz’s ongoing operations and development in the phosphate industry, potentially enhancing its market position in sub-Saharan Africa.
More about Kropz Plc
Kropz Plc is an emerging African phosphate producer and developer with projects in South Africa and the Republic of Congo. The company aims to become a leading independent phosphate rock producer and develop into an integrated, mine-to-market plant nutrient company focusing on sub-Saharan Africa.
Average Trading Volume: 85,005
Technical Sentiment Signal: Sell
Current Market Cap: £8.62M
Learn more about KRPZ stock on TipRanks’ Stock Analysis page.