PhosCo Ltd (AU:PHO) has released an update.
PhosCo Ltd assures its operations and financial condition are sufficient to meet ASX’s Listing Rules, focusing on developing a major fertiliser hub in Tunisia’s Northern Phosphate Basin, with three permit applications underway, and advancing precious and base metal prospects. The company has a skilled local team in Tunisia, has maintained exploration efforts, and incurred expenses totaling $1,040,675 in the latter half of 2023, with a substantial portion allocated to exploration, legal, and operational costs.
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