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Kropz reports wider losses on higher costs

By BFN News | 09:42 AM | Monday 03 August, 2020

Phosphate explorer and developer Kropz reported wider annual losses on higher costs. For the year ended 31 December, pre-tax losses widened to $8.6m from $7.6m on-year. Operating expenses rose to $6.6m from $5.7m. 'Kropz remains in a development phase. However, the company is confident in the inherent value contained within each of its core assets,' the company said. 'The year ahead should provide the company with a solid foundation for its future development,' it added. At 9:42am: (LON:KRPZ) share price was 0p at 8.5p Story provided by

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