Australia's PhosCo hits near 4-month high on Tunisian project permit

Phosco

03/10/2024 02:55

** Shares of PhosCo  PHO.AX  rise as much as 7.5% to
A$0.043, their highest level since June 6
    ** Stock set for best session since mid-September, if gains
hold
    ** Diversified miner says Tunisia's Consultative Committee
of Mines approved Sekarna Phosphate Exploration Permit
    ** Co says formal grant now pending subject to final
approval by Tunisia's Ministry of National Defence
    ** PHO down 38.5% YTD as of last close

 (Reporting by Shivangi Lahiri in Bengaluru)
 ((shivangi.lahiri@thomsonreuters.com))