Loading...

Kore Potash

AIM:KP2
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
KP2
AIM
A$32M
Market Cap
  1. Home
  2. GB
  3. Materials
Company description

Kore Potash plc operates as a mineral exploration and development company in Central Africa. The last earnings update was 79 days ago. More info.


Add to Portfolio Compare Print
  • Kore Potash has significant price volatility in the past 3 months.
KP2 Share Price and Events
7 Day Returns
-23.9%
AIM:KP2
4.3%
GB Metals and Mining
-0.1%
GB Market
1 Year Returns
-73.7%
AIM:KP2
2%
GB Metals and Mining
-3.5%
GB Market
KP2 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Kore Potash (KP2) -23.9% -22.1% -44.2% -73.7% - -
GB Metals and Mining 4.3% 4.8% 1.9% 2% 97% 28.5%
GB Market -0.1% 0.4% 0.6% -3.5% 15.8% 3.9%
1 Year Return vs Industry and Market
  • KP2 underperformed the Metals and Mining industry which returned 2% over the past year.
  • KP2 underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -3.5% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Kore Potash undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Kore Potash. This is due to cash flow or dividend data being unavailable. The share price is £0.01675.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Kore Potash's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Kore Potash's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:KP2 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.01
ASX:KP2 Share Price ** ASX (2019-06-18) in AUD A$0.04
ASX:KP2 Share Price converted to USD reporting currency Exchange rate (AUD/ USD) 0.688 $0.03
United Kingdom of Great Britain and Northern Ireland Metals and Mining Industry PE Ratio Median Figure of 37 Publicly-Listed Metals and Mining Companies 9.51x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 789 Publicly-Listed Companies 16.27x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Kore Potash.

AIM:KP2 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:KP2 Share Price ÷ EPS (both in USD)

= 0.03 ÷ -0.01

-3.41x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Kore Potash is loss making, we can't compare its value to the GB Metals and Mining industry average.
  • Kore Potash is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Kore Potash's expected growth come at a high price?
Raw Data
AIM:KP2 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.41x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
United Kingdom of Great Britain and Northern Ireland Metals and Mining Industry PEG Ratio Median Figure of 30 Publicly-Listed Metals and Mining Companies 0.68x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 576 Publicly-Listed Companies 1.47x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Kore Potash, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Kore Potash's assets?
Raw Data
AIM:KP2 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $0.18
ASX:KP2 Share Price * ASX (2019-06-18) in AUD A$0.04
ASX:KP2 Share Price converted to USD reporting currency Exchange rate (AUD/ USD) 0.688 $0.03
United Kingdom of Great Britain and Northern Ireland Metals and Mining Industry PB Ratio Median Figure of 117 Publicly-Listed Metals and Mining Companies 0.91x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,371 Publicly-Listed Companies 1.48x
AIM:KP2 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:KP2 Share Price ÷ Book Value per Share (both in USD)

= 0.03 ÷ 0.18

0.14x

* Primary Listing of Kore Potash.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Kore Potash is good value based on assets compared to the GB Metals and Mining industry average.
X
Value checks
We assess Kore Potash's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Kore Potash has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Kore Potash expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Kore Potash has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
0.7%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Kore Potash expected to grow at an attractive rate?
  • Unable to compare Kore Potash's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Kore Potash's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
  • Unable to compare Kore Potash's revenue growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
AIM:KP2 Future Growth Rates Data Sources
Data Point Source Value (per year)
United Kingdom of Great Britain and Northern Ireland Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 0.7%
United Kingdom of Great Britain and Northern Ireland Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 1.5%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 10.7%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
AIM:KP2 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:KP2 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 -12
2022-12-31 -12
2021-12-31 0 -10 1
2020-12-31 0 -7 1
2019-12-31 0 -8 1
AIM:KP2 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 -6 -6
2018-09-30 -7 -7
2018-06-30 -8 -8
2018-03-31 -7 -6
2017-12-31 -5 -4
2017-09-30 -4 -4
2017-06-30 -3 -3
2017-03-31 -3 -4
2016-12-31 -3 -4
2016-09-30 -2 -4
2016-06-30 -2 -3
2016-03-31 -2 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Kore Potash is high growth as no earnings estimate data is available.
  • Unable to determine if Kore Potash is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
AIM:KP2 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Kore Potash Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:KP2 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31
2019-12-31
AIM:KP2 Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.01
2018-09-30 -0.01
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 -0.01
2017-06-30 0.00
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 -0.01
2016-03-31 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Kore Potash will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Kore Potash's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Kore Potash's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Kore Potash's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Kore Potash's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Kore Potash has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Kore Potash performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Kore Potash's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Kore Potash does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Kore Potash's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Kore Potash's 1-year growth to the GB Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Kore Potash's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Kore Potash Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:KP2 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -6.25 5.16
2018-09-30 -7.22 6.10
2018-06-30 -8.19 7.04
2018-03-31 -6.27 6.33
2017-12-31 -4.34 5.63
2017-09-30 -3.63 5.20
2017-06-30 -2.91 4.78
2017-03-31 -3.59 4.63
2016-12-31 -4.26 4.49
2016-09-30 -3.88 3.98
2016-06-30 -3.49 3.47
2016-03-31 -3.07 2.97
2015-12-31 -2.65 2.47
2015-09-30 -2.59 2.38
2015-06-30 -2.53 2.29
2015-03-31 -3.01 2.96
2014-12-31 -3.49 3.63
2014-09-30 -4.37 4.56
2014-06-30 -5.25 5.50
2014-03-31 -6.46 6.31
2013-12-31 -7.68 7.13
2013-09-30 -8.60 8.07
2013-06-30 -9.52 9.00
2013-03-31 -10.10 10.01
2012-12-31 -10.67 11.02
2012-06-30 -12.78 12.99

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Kore Potash has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Kore Potash has efficiently used its assets last year compared to the GB Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Kore Potash improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Kore Potash's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Kore Potash has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Kore Potash's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Kore Potash's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Kore Potash is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Kore Potash has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Kore Potash's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Kore Potash has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Kore Potash Company Filings, last reported 5 months ago.

AIM:KP2 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 154.61 0.00 6.19
2018-09-30 154.61 0.00 6.19
2018-06-30 158.82 0.25 14.22
2018-03-31 158.82 0.25 14.22
2017-12-31 154.29 0.00 16.46
2017-09-30 154.29 0.00 16.46
2017-06-30 151.19 0.00 33.95
2017-03-31 151.19 0.00 33.95
2016-12-31 138.88 0.00 42.61
2016-09-30 138.88 0.00 42.61
2016-06-30 99.65 0.00 2.12
2016-03-31 99.65 0.00 2.12
2015-12-31 96.41 0.00 3.06
2015-09-30 96.41 0.00 3.06
2015-06-30 114.76 0.00 3.24
2015-03-31 114.76 0.00 3.24
2014-12-31 104.21 0.00 5.89
2014-09-30 104.21 0.00 5.89
2014-06-30 106.35 0.00 3.19
2014-03-31 106.35 0.00 3.19
2013-12-31 107.51 0.00 4.91
2013-09-30 107.51 0.00 4.91
2013-06-30 100.19 0.00 7.08
2013-03-31 100.19 0.00 7.08
2012-12-31 104.71 0.00 20.34
2012-06-30 93.54 0.00 18.07
  • Kore Potash has no debt.
  • Kore Potash had no debt 5 years ago.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Kore Potash has less than a year of cash runway based on current free cash flow.
  • Kore Potash has less than a year of cash runway if free cash flow continues to grow at historical rates of 51.5% each year.
X
Financial health checks
We assess Kore Potash's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Kore Potash has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Kore Potash's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Kore Potash dividends. Estimated to be 0% next year.
If you bought £2,000 of Kore Potash shares you are expected to receive £0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Kore Potash's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Kore Potash's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
AIM:KP2 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 23 Stocks 6.5%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 705 Stocks 4.3%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

AIM:KP2 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31 0.00 1.00
2022-12-31 0.00 1.00
2021-12-31 0.00 1.00
2020-12-31 0.00 1.00
2019-12-31 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Kore Potash has not reported any payouts.
  • Unable to verify if Kore Potash's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Kore Potash's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Kore Potash has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Kore Potash's dividends in 3 years as they are not expected to pay a notable one for United Kingdom of Great Britain and Northern Ireland.
X
Income/ dividend checks
We assess Kore Potash's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Kore Potash afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Kore Potash has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Kore Potash's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Brad Sampson
COMPENSATION $747,820
AGE 52
TENURE AS CEO 1 years
CEO Bio

Mr. Stuart Bradley Sampson, also known as Brad, B Eng (Mining) Hons, MBA, AMP, GAICD, MAusIMM, has been Chief Executive Officer and Director of Kore Potash Limited since January 2019. Mr. Sampson serves as Chief Executive Officer and Director of Kore Potash Plc since June 4, 2018. He was the Chief Executive Officer of Tiger Resources Limited since February 06, 2017 until February 9, 2018 and served as its Managing Director since February 6, 2017. Mr. Sampson served as Managing Director of Discovery Metals Limited from February 01, 2008 to December 31, 2013. Mr. Sampson is an internationally experienced Business Leader, Director and Mining Professional with 30 years resources industry experience. His experience covers the entire cycle of exploration, development, operations and closure and includes equity and debt funding of resources projects, government relations and product marketing. Prior to this, he held senior positions at Newcrest Mining Ltd, one of the world’s largest gold mining companies, including General Manager of Newcrest’s West African operations. He served as General Manager of Emperor Mines in Papua New Guinea at Emperor Mines Ltd., Emperor Gold Mines & DRDGOLD Ltd. from August 2006 to October 22, 2007, where he was responsible for the Tolukuma gold mine and for overseeing Emperor's stake in the Porgera Joint Venture. From 2004 to 2006, he served as an Executive Manager Resources Development of Thiess Ltd. From 2000 to 2004, he served as General Manager of Kloof and St Ives of Gold Fields Ltd. From 1996 to 2000, he served as Ross Mining NL - Superintendent, Yandan and Timbarra. From 1989 to 1996, he worked in Anglo American Corporation, Australia and South Africa. He has been the Non-Executive Chairperson of Agrimin Limited since April 22, 2016. He served as a Director of Tiger Resources Limited from February 10, 2017 to February 28, 2017. He served as a Director of Discovery Metals Limited from February 01, 2008 to December 31, 2013. He has First Class Mine Manager's certificates for Queensland in 1998 and South Africa in 1992. Mr. Sampson holds a B. Engineering (Honours) from University of Queensland, 1987 and an MBA degree from Deakin University in 2000.

CEO Compensation
  • Insufficient data for Brad to compare compensation growth.
  • Brad's remuneration is higher than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure of the Kore Potash management team in years:

1.9
Average Tenure
  • The average tenure for the Kore Potash management team is less than 2 years, this suggests a new team.
Management Team

Brad Sampson

TITLE
CEO & Director
COMPENSATION
$748K
AGE
52
TENURE
1 yrs

John Crews

TITLE
Chief Financial Officer
COMPENSATION
$292K
TENURE
2.1 yrs

Gavin Chamberlain

TITLE
Chief Operating Officer
COMPENSATION
$350K
TENURE
1.7 yrs

Julien Babey

TITLE
Head of Congo & Business Development
COMPENSATION
$316K

Henko Vos

TITLE
Joint Company Secretary
COMPENSATION
$163K
TENURE
2.6 yrs

Andrew Pedley

TITLE
Chief Geologist

Werner Swanepoel

TITLE
Project Director
COMPENSATION
$601K

Pieter Sijtsema

TITLE
Project Manager

Paul Kluge

TITLE
Project Manager
Board of Directors Tenure

Average tenure and age of the Kore Potash board of directors in years:

1.5
Average Tenure
52
Average Age
  • The average tenure for the Kore Potash board of directors is less than 3 years, this suggests a new board.
Board of Directors

David Hathorn

TITLE
Non-Executive Chairman
COMPENSATION
$424K
AGE
55

Brad Sampson

TITLE
CEO & Director
COMPENSATION
$748K
AGE
52
TENURE
1 yrs

Mouga Makosso

TITLE
Chairman of Sintoukola Potash SA
TENURE
3.9 yrs

Leonard Vun Math

TITLE
Non-Executive Director
COMPENSATION
$92K
TENURE
1.6 yrs

Jonathan Alfred Trollip

TITLE
Senior Independent Non-Executive Director
COMPENSATION
$114K

Tim Keating

TITLE
Non-Executive Director
COMPENSATION
$75K
AGE
43
TENURE
1.6 yrs

David Netherway

TITLE
Independent Non-Executive Director
COMPENSATION
$83K
AGE
65
TENURE
1.5 yrs

José Merino

TITLE
Non-Executive Director
COMPENSATION
$33K
AGE
35
TENURE
1.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
X
Management checks
We assess Kore Potash's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Kore Potash has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Kore Potash plc operates as a mineral exploration and development company in Central Africa. Its primary asset is the Sintoukola Potash Project comprises 2 exploration license located in the Republic of Congo. The company was incorporated in 2017 and is headquartered in London, the United Kingdom.

Details
Name: Kore Potash plc
KP2
Exchange: AIM
Founded: 2017
A$17,487,282
862,739,689
Website: http://www.korepotash.com
Address: Kore Potash plc
25 Moorgate,
London,
Greater London, EC2R 6AY,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX KP2 NPV CDI 1:1 Australian Securities Exchange AU AUD 07. Nov 2017
DB KP1 NPV CDI 1:1 Deutsche Boerse AG DE EUR 07. Nov 2017
CHIA KP2 NPV CDI 1:1 Chi-X Australia AU AUD 07. Nov 2017
AIM KP2 New Ordinary Shares London Stock Exchange AIM Market GB GBP 29. Mar 2018
JSE KP2 New Ordinary Shares The Johannesburg Securities Exchange ZA ZAR 29. Mar 2018
Number of employees
Current staff
Staff numbers
43
Kore Potash employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/18 22:38
End of day share price update: 2019/06/18 00:00
Last estimates confirmation: 2019/05/28
Last earnings filing: 2019/03/31
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.