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Bullboard - Stock Discussion Forum Katanga Mining Ltd Ord KATFF

Katanga Mining Ltd, through its subsidiaries, is engaged in copper and cobalt production activities in the Democratic Republic of Congo (DRC). Specifically, the company explores and develops properties with potential copper and cobalt yields operate mining and processing facilities that produce copper and cobalt and holds a portfolio of other mines that may be developed in the future.

Bullboard (OTCPK:KATFF)

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Comment by WillyWallyon Nov 19, 2019 1:12pm

RE:If I use my rights

For Glencore to take it private, it would assume to assume the huge debt. Of course they won't do that. Bankruptcy first, then fire sale without the debt. That's the only way it's going.
Post by topdopon Nov 19, 2019 1:07pm

Some guesses

From my SA KvN KAT Blog: Very risky and very speculative hold from here in my opinion... but we need those 36 months for the macro to turn around: Cu & Co prices, Trump, Tariffs, EV story and the ...more  
Post by cgyinvon Nov 19, 2019 12:28pm

If I use my rights

All or part, then will pay 0.13/share. later if Glencore take it private, cnetainly will pay more than that, so at least I will recover some of my loss Is it correct?
Comment by Brandonrron Nov 19, 2019 11:22am

RE:buyers be ware: if you buy 10k today, you buy 310k in fact

yea good point....I like to gamble but the risk of a major RS is to high here
Post by mingzhuon Nov 19, 2019 11:16am

buyers be ware: if you buy 10k today, you buy 310k in fact

do you have the cash? after the right offering, share conlidation is inevitable, perhap 1000 to 1. 
Comment by Brandonrron Nov 19, 2019 8:21am

RE:Final Short Form Prospectus is out

If KAT drops to 13 cent how crazy would it be to pick up 50 000 shares and take a gamble ??? Somone thinks there is money to be made volume is crazy....thoughts
Post by shenty46on Nov 18, 2019 8:14pm

However i dont own

However i dont own katanga, was lucky to be out with minimal loss, but sad to see, that how small shareholders are being robbed. 
Comment by stockhunter20001on Nov 18, 2019 8:04pm

RE:RE:RE:RE:Final Short Form Prospectus is out

@topdop @sogo @others , the only saver from all this mess, is the OSC: -Can the OSC let all this happen? -If yes, how low can KAT/Glen buy us out but still not fined by OSC? -If they go really low, ...more  
Comment by Cider6000on Nov 18, 2019 6:06pm

RE:RE:Done

At 13 cents to raise $7.678,366,000   ,  that's an issue of 59 Billion plus shares.  Good luck with that subscription filling.  Glencore "fills" subscription by  ...more  
Comment by stockhunter20001on Nov 18, 2019 5:45pm

RE:RE:Final Short Form Prospectus is out

Read below: =================================================== Exemptions from Minority Approval Requirement (1) Section 4.5 does not apply to an issuer carrying out a business combination in any ...more  
Comment by shotfacon Nov 18, 2019 4:33pm

RE:Final Short Form Prospectus is out

https://www.marketscreener.com/KATANGA-MINING-LIMITED-1410549/news/Katanga-Mining-Announces-that-it-has-Obtained-Receipt-for-Final-Prospectus-for-Rights-Offering-Bac-29605777/
Post by Cider6000on Nov 18, 2019 3:26pm

Done

TEll me I read this wrong. For every share you have the Right to BUY more at 13 cents but, its diluted 31:1 now, if you use your Rights, if no your shares are zero.  I sold hard last week, major ...more  
Comment by stockhunter20001on Nov 18, 2019 3:17pm

RE:RE:RE:Final Short Form Prospectus is out

how much do think they will be fined?
Comment by DanGSstockson Nov 18, 2019 2:49pm

RE:Final Short Form Prospectus is out

where did you get the info Topdop?  I dont see any NR anywhere. thanks
Comment by johnny54on Nov 18, 2019 2:47pm

RE:Final Short Form Prospectus is out

So this is it? They are going to buy us out based on this 13 cents plus a buyout premium of posssibly 30 percent. Or they going to be even dirtier and bring this thing right to Zero. Any hope?