23rd Jun 2023 17:41
Kropz PLC - South Africa-focused phosphate producer and developer - Makes a fourth draw down request for ZAR80 million, around GBP3.4 million, from its bridge loan facilities with its major shareholder the ARC Fund. The ZAR285 million facility was agreed upon in March to meet immediate cash requirements at Kropz Elandsfontein Pty Ltd.
Current stock price: 3.53 pence, closing 12% lower in London on Friday
12-month change: down 60%
By Heather Rydings, Alliance News senior economics reporter
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