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The latest announcement is out from PhosCo Ltd ( (AU:PHO) ).
PhosCo Ltd announced significant progress in resource growth drilling at the SAB prospect within its Gasaat Phosphate Project in Tunisia. The completion of a six-hole drilling program, with promising intercepts of phosphate, is expected to contribute to a maiden resource estimate in early 2026. Alongside the KM prospect, these developments aim to enhance the project’s economic feasibility, support early-stage production, and strengthen PhosCo’s strategic position in meeting the growing demand for phosphate in resilient agricultural supply chains.
More about PhosCo Ltd
PhosCo Ltd is an Australian-based company primarily engaged in the exploration and development of phosphate resources. The company operates the Gasaat Phosphate Project in Tunisia, focusing on supplying critical inputs for the global agricultural and fertilizer markets.
Average Trading Volume: 431,417
Technical Sentiment Signal: Buy
Current Market Cap: A$74.45M
For detailed information about PHO stock, go to TipRanks’ Stock Analysis page.