KP2.AX
Description
Kore Potash plc, together with its subsidiaries, engages in the exploration and development of potash minerals in the Republic of Congo. It holds 97% interest in the Sintoukola Potash project that includes the Kola sylvinite and carnallite deposits, as well as DX sylvinite and Dougou carnallite deposits located in the north of the city of Pointe Noire. Kore Potash plc was incorporated in 2017 and is headquartered in London, the United Kingdom.
Return
12.78% p.a.
804 days Days
FROM 19 APRIL 2022 TO 1 JULY 2024
Trade Score
7/10
Chart
Reason For Buying:
Very undervalued stock, 0.34 book value from memory, risk was that it was not making any money but already knew the chinese were interested in the project at higher prices. My buying entry was not that good, should have looked more carefully at the chart
Reason For Selling:
Some weird news was shown that was talking about directors going to jail, that felt weird, I kept in anyway but decided to sell above what I paid.
Overall:
Some weird news was shown that was talking about directors going to jail, that felt weird, I kept in anyway but decided to sell above what I paid.