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.