Kore Potash is a large fertiliser play that has been developing the Sintoukola potash basin in the Republic of the Congo (RoC) since 2010. Kore has a district scale development with approx 6 billion tonnes of potash, just 15km from the coast and US$150m has been spent on it thus far. Big projects need big budgets. The flagship 2.2Mtpa Kola project came through the DFS with flying colours but needs US$2.1bn of capex, not easy for a small cap player with a new project in such a jurisdiction to raise. So, the team has devised the smaller DX project to begin this district wide development.
