DX PFS Correction, Kore Potash PLC, 2020-05-18

RNS Number : 1941N
Kore Potash PLC
18 May 2020

18 May 2020


Kore Potash Plc

(“Kore Potash” or the “Company”)

Correction to DX PFS


This is a correction to the announcement ‘Dougou Extension (DX) Project Pre-Feasibility Study’ (“DX PFS”) made on 13 May 2020. It corrects Appendix A Figure 18: DX Project Cash Flow Forecast (real Q4 2019).


Further to the publication of the DX PFS on 13 May 2020, the Company seeks to correct an error contained in a figure published via the Australian Stock Exchange.


Figure 18: DX Project Cash Flow Forecast (real Q4 2019), showed an incorrect revenue profile based on a fixed selling price, whereas the correct information is a price profile based on a forecast selling price over time. The corrected Figure 18 is available in the corrected Dougou Extension (DX) Project Pre-Feasibility document available on the Company website. The remainder of the information in the announcement is correctly portrayed.




For further information, please visit www.korepotash.com or contact:


Kore Potash

Brad Sampson – CEO


Tel: +27 11 469 9140

Tavistock Communications

Jos Simson

Edward Lee


Tel: +44 (0) 20 7920 3150

Canaccord Genuity – Nomad and Broker

James Asensio

Henry Fitzgerald-O’Connor


Tel: +44 (0) 20 7523 4600

Shore Capital – Joint Broker

Jerry Keen

Toby Gibbs

James Thomas


Tel: +44 (0) 20 7408 4050


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