Aankondiging • Feb 25
Kropz plc has completed a Follow-on Equity Offering in the amount of £0.091078 million. Kropz plc has completed a Follow-on Equity Offering in the amount of £0.091078 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 7,919,793
Price\Range: £0.0115
Transaction Features: Regulation S Aankondiging • Feb 21
Kropz plc has filed a Follow-on Equity Offering in the amount of £0.091078 million. Kropz plc has filed a Follow-on Equity Offering in the amount of £0.091078 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 7,919,793
Price\Range: £0.0115
Transaction Features: Regulation S New Risk • Feb 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (29% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (UK£17.2m market cap, or US$23.6m). Board Change • Feb 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. CEO & Executive Director Louis Loubser was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Dec 20
First half 2026 earnings released: US$0.002 loss per share (vs US$0.019 loss in 1H 2025) First half 2026 results: US$0.002 loss per share (improved from US$0.019 loss in 1H 2025). Revenue: US$15.4m (up 9.2% from 1H 2025). Net loss: US$2.49m (loss narrowed 86% from 1H 2025). Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings. New Risk • Dec 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$22m free cash flow). Earnings have declined by 25% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (UK£11.0m market cap, or US$14.6m). Reported Earnings • Sep 28
Full year 2025 earnings released: US$0.009 loss per share (vs US$0.008 profit in FY 2024) Full year 2025 results: US$0.009 loss per share (down from US$0.008 profit in FY 2024). Revenue: US$37.2m (up 16% from FY 2024). Net loss: US$9.65m (down 236% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has fallen by 53% per year, which means it is significantly lagging earnings. Aankondiging • Sep 05
Kropz plc, Annual General Meeting, Sep 29, 2025 Kropz plc, Annual General Meeting, Sep 29, 2025. Location: the offices of wework, ground floor, 26 hatton garden, london ec1n 8br United Kingdom Aankondiging • May 22
Kropz plc Provides Legal Claim Update On 26 February 2025, Kropz announced that Teh Hong Eng Investments Holding Limited ("THE") and Meridian Investment Group PTE. Limited ("Meridian") had served Particulars of Claim in litigation in the English High Court to which Kropz and its subsidiary company, Cominco, are defendants. The litigation relates to an alleged breach of THE's right of first refusal to acquire Cominco shares at the time of Kropz's offer to Cominco's shareholders in November 2018 which resulted in the acquisition by Kropz of the entire issued and to be issued share capital of Cominco, including the acceptance of the offer by THE and Meridian as shareholders of Cominco. Kropz has agreed a legal stay with THE and Meridian in respect of the litigation. The legal stay expires in July 2025. New Risk • Feb 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$22m free cash flow). Earnings have declined by 24% per year over the past 5 years. Shareholders have been substantially diluted in the past year (70% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$100m (UK£18.0m market cap, or US$22.6m). Board Change • Nov 13
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Linda Beal was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Sep 29
Kropz plc Announces Michael Nunn Will Step Down from the Board Kropz plc announced that Michael Nunn will step down from the Board with immediate effect. Aankondiging • Sep 04
Kropz plc, Annual General Meeting, Sep 27, 2024 Kropz plc, Annual General Meeting, Sep 27, 2024. Location: the offices of memery crystal, 165 fleet street, ec4a 2dy, london United Kingdom Aankondiging • Aug 27
Kropz plc announced that it has received ZAR 140 million in funding On August 27, 2024, Kropz plc has closed the transaction. The company has raised ZAR 140 million in the round. The company has received ZAR 60 million in its second and final tranche. The transaction has included participation from returning lender, ARC Fund, a fund managed by African Rainbow Capital Proprietary Limited. Aankondiging • Jun 21
Kropz Plc Announces Update of Mineral Resource Estimate for Elandsfontein Kropz Plc announced an update to the JORC (2012) compliant Mineral Resource Estimate (MRE) at its South African phosphate project, Elandsfontein Phosphate Project. The significant write-down in declared Ore Reserves from 2018 to 2022 has been partially reversed in the 2023 Ore Reserve estimate, largely due to the additional infill drilling which was completed in 2023. It is expected that the future drilling campaigns will continue to improve the Mineral Resource estimates from Inferred to Measured or Indicated categories and will enable improved conversion of the Mineral Resources to Reserves. While both the declared Reserve tonnes and grade have increased, the grade and tonnage estimate of the Resource has decreased. This aligns to the improved confidence in the grade estimation of the deposit and reflects the declining grade of the deposit over its life. Summary: The 2023 Reserve estimate was positively affected by the completed infill and exploration drilling, which significantly improved the total declared Measured and Indicated Mineral Resources. The Ore Reserves are stated at 30 September 2023, and account for the pit depletions up until the end of September 2023; Total Measured and Indicated resource tonnage has increased by approximately 72%, while the Total resource tonnage has reduced by 30%; Decrease in total phosphate resources at Elandsfontein to 74.23 million tonnes (Mt) from106.58 million tonnes in 2022; Total Reserves are estimated at 26.63 Mt at aP2O5gradeof9.38% of which 16.56 Mt is Proven at 10.25% P2O5,This compares to previous estimate at 17.42 Mt at 9.19% P2O5. The 2023 Mineral Resource Estimate (MRE) for Elandsfontein reflects significant changes compared to 2022andwas notably affected by the completed infill and exploration drilling. The total Measured and Indicated resources have increased by approximately 72%, rising from 19.02 Mt in 2022 to 32.74 Mt in 2023, despite a slight decrease in the P2O5 grade from 9.54% to 9.24%. Conversely, the total Inferred resources have decreased substantially from 87.56 Mt in 2022 to 41.49 Mt in 2023, accompanied by a decline in the P2O5 grade from 7.68% to 6.30%. This reduction in Inferred resources and the simultaneous increase in Measured and Indicated resources indicate improved confidence in the resource estimates due to the successful infill drilling program. These changes highlight the enhanced accuracy in predicting the spatial distribution and grade of the ore body, leading to a more reliable reserve estimate and better strategic planning for future mining operations. The 2023 reserve statement for Elandsfontein reflects significant improvements compared to the 2022 estimates, driven by changes in the resource base and a better understanding of the modifying factors to be applied. The total proven reserves have increased substantially from 7.31 Mt at a P2O5 grade of 10.71% in 2022 to 16.56 Mt at a grade of 10.25% in 2023. Meanwhile, the total probable reserves have remained relatively stable, showing a slight decrease from 10.11 Mt at a P2O5 grade of 8.09% in 2022 to 10.07 Mt at a grade of 8.01% in 2023. As a result, the combined total of proven and probable reserves has risen from 17.42 Mt at a P2O5 grade of 9.19% in 2022 to 26.63 Mt at a grade of 9.38% in 2023. These changes are largely attributable to the successful completion of infill and exploration drilling, which significantly improved the total declared Measured and Indicated Mineral Resources. Additionally, the enhanced understanding of modifying factors, such as mining, metallurgical, economic, and environmental considerations, has contributed to a more accurate and reliable reserve estimate. This improved accuracy in predicting the spatial distribution and grade of the ore body has bolstered confidence in the reserve estimations and strategic planning for future mining operations. New Risk • Mar 28
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$21m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$21m free cash flow). Earnings have declined by 26% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (UK£11.5m market cap, or US$14.6m). Aankondiging • Dec 08
Kropz plc announced that it has received ZAR 550 million in funding from African Rainbow Capital Proprietary Limited On December 8, 2023, Kropz plc closed the transaction. The company announced that it has received ZAR 7.5 million in its fifth and final tranche. Aankondiging • Sep 15
Kropz plc announced that it expects to receive ZAR 250 million in funding Kropz plc announced a private placement to receive loan facility of ZAR 250 million on September 14, 2023. The Loan is unsecured, repayable on demand, and there are no fixed repayment terms. Interest is payable on the Loan at the South African prime overdraft interest rate plus 6%, nominal per annum and compounded monthly. The transaction will include participation from returning lenders, ARC Fund, a fund managed by African Rainbow Capital Proprietary Limited and Kropz Elandsfontein (Pty) Ltd. Board Change • Jul 31
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Chairman Robin Renwick was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Jul 31
Kropz plc, Annual General Meeting, Sep 01, 2023 Kropz plc, Annual General Meeting, Sep 01, 2023, at 11:00 Coordinated Universal Time. Location: offices of Memery Crystal at 165 Fleet Street London United Kingdom Aankondiging • Jun 09
Kropz plc, Annual General Meeting, Jun 30, 2023 Kropz plc, Annual General Meeting, Jun 30, 2023, at 12:00 Coordinated Universal Time. Location: Memery Crystal, 165 Fleet Street, EC4A 2DY London United Kingdom Agenda: To re-appoint BDO LLP as auditor to act as such until the conclusion of the next annual general meeting of the Company at which the requirements of section 437 of the Companies Act 2006 (the "Act") are complied with and to authorise the directors of the Company to fix its remuneration; to re-elect Lord Robin Renwick, who retires by rotation, as a director of the Company; to elect Gerrit Duminy as a director of the Company; to elect Louis Loubser as a director of the Company; and to consider other matters. Board Change • Jan 23
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Chairman Robin Renwick was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Jan 11
Kropz plc Provides Update of Mineral Resource Estimate for Elandsfontein Kropz Plc announced an update to the JORC (2012) compliant Mineral Resource Estimate ("MRE") at its South African phosphate project, ElandsfonteinPhosphate Project ("Elandsfontein"),following additional infill drilling, relogging of historical cores and mapping of ore exposures as intersected within the current mining horizon. The previous resource statement was validated and published by SRK Consulting (Pty) Ltd. ("SRK") in 2018, following their peer review of the resource estimate by Snowden Mining Industry Consultants (Pty) Ltd. The geology at Elandsfontein was believed to be continuous with no major project risks or potential flaws identified associated with the sampling, delineation, and estimation of the mineral resources by previous authors (SRK, 2018). In July 2022, mining operations intersected previously unknown and undefined indurated phosphatic (phoscrete) lenses colloquially referred to as 'hard bank'. Based on current conditions and on-site learnings, not only from the mining, but also from the revised geological interpretations, it was considered prudent that the resource model be reclassified. The estimate needed to be brought in line with the level of confidence that reflected grade and physical properties and continuity (mining output and plant performance), as these aspects play a role in economic viability, and therefore associated reserve determination. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Chairman Robin Renwick was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Robin Renwick was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • May 25
Kropz plc Provides Update for Its Elandsfontein Project Located in the Republic of South Africa and Its Hinda Project Kropz plc is providing updates for its Elandsfontein project located in the Republic of South Africa and its Hinda project, located in the Republic of the Congo. Significant progress continues to be made at Elandsfontein. The project remains on track and within the original projected capital budget for commissioning in Fourth Quarter 2021. These achievements have been realised against the backdrop of the COVID-19 pandemic. Earthworks and civil construction are largely complete; the fabrication and erection of structural steel, platework and piping are well advanced, and the first mechanical equipment has been installed. Installation by the electrical, control and instrumentation contractor has also commenced. The project schedule remains tight, with a high number of critical path, and near critical path items being managed concurrently. The current and further potential effects of COVID-19, and the possibility of a third wave of infections in South Africa remains a risk to the project schedule. The Company has mitigated this risk as far as reasonably practicable by compliance to the Kropz COVID-19 policies and procedures. For the past eight months, Kropz (together with the Elandsfontein management team) and Transnet have been engaging regarding the finalisation of the port capacity agreement for the export sales of the Elandsfontein phosphate rock through the Port of Saldanha. Aankondiging • Mar 12
Kropz plc has completed a Follow-on Equity Offering in the amount of £7.479305 million. Kropz plc has completed a Follow-on Equity Offering in the amount of £7.479305 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 89,185,185
Price\Range: £0.0675
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 34,745,359
Price\Range: £0.042 Aankondiging • Feb 17
Consortium Minerals Ltd agreed to acquire a 50% stake in First Gear Exploration Limited from Kropz plc (AIM:KRPZ) for $0.33 million. Consortium Minerals Ltd agreed to acquire a 50% stake in First Gear Exploration Limited from Kropz plc (AIM:KRPZ) for $0.33 million on February 16, 2021. Under the term, Consortium Minerals will acquire 1.13 million shares of First Gear Exploration Limited. Consortium Minerals will pay $0.005 million cash and will be payable within seven days. Consortium Minerals will pay $0.32 million as deferred cash consideration and will be payable upon, the earlier of (i) the sign-off by a competent person of a definitive feasibility study on the Aflao deposit, as defined in the JORC Code 2012 edition; or (ii) Consortium disposing or transferring the Shares prior to the event described in (i) being achieved; or (iii) Consortium disposing or transferring the prospecting right prior to the event described in (i) being achieved. Post completion, Kropz will have no further interest in Aflao. Samantha Harrison, Harrison Clarke and George Grainger of Grant Thornton UK LLP acted as a financial advisor, Emily Moss, Jos Simson and Oliver Lamb of Abacus Associates Financial Services Ltd acted as a financial advisor, Andrew Chubb and Ernest Bell of Hannam & Partners acted as a broker and James Duncan of R&A Strategic Communications acted as a PR to Kropz. Aankondiging • Sep 30
Kropz plc Announces Resignation of Jan Steenkamp as Managing Director of Kropz Elandsfontein (Pty) Ltd Kropz plc ("Kropz" or the "Company") announced that Mr. Jan Steenkamp has resigned as Managing Director of Kropz Elandsfontein (Pty) Ltd. ("Kropz Elandsfontein"), effective 30 September 2020. He will, however, remain on the board of Kropz Elandsfontein as a non-executive director. Mr. Steenkamp will also remain in a technical advisory capacity for the on-going development of the Company's projects, namely the Elandsfontein phosphate project located in South Africa and the Hinda phosphate project located in the Republic of Congo. Mr. Steenkamp's executive responsibilities will be assumed by the Company's Chief Operations Officer, Michelle Lawrence. In addition, Kropz also announced the appointment of Mr. Louis Swart as the Company's Financial Manager with effect from 1 October 2020. Mr. Swart previously served as the Chief Financial Officer of Richland Resources Limited, and financial manager for TanzaniteOne and Simmer & Jack Mines Limited. Aankondiging • Aug 04
Kropz plc Appoints Mark Summers as CEO Kropz Plc announce that the Board has appointed Mark Summers as the Company's Chief Executive Officer ("CEO") with immediate effect. As announced on 26 February 2020 Mark Summers has been acting as interim CEO since 26 February 2020. He will continue to perform both the CEO and Chief Financial Officer ("CFO") roles until a replacement CFO has been appointed. Aankondiging • Jun 30
Kropz plc has completed a Follow-on Equity Offering in the amount of $1.74487 million. Kropz plc has completed a Follow-on Equity Offering in the amount of $1.74487 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 25,849,920
Price\Range: $0.0675
Transaction Features: Rights Offering; Subsequent Direct Listing