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Bullboard - Stock Discussion Forum
Katanga Mining Ltd Ord
KATFF
Metals & Mining
Industrial Metals & Minerals
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.
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Bullboard (OTCPK:KATFF)
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(2)
•••
Nosleep
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Post by
Nosleep
on Nov 07, 2019 11:28am
big news
Katanga Mining arranges $7.6-billion rights offering 2019-11-07 11:18 ET - News Release An anonymous director reports KATANGA MINING ANNOUNCES RIGHTS OFFERING
...more
(6)
•••
Brandonrr
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Comment by
Brandonrr
on Nov 07, 2019 11:25am
RE:RE:whats the reason for the big selloff today?
Yea I got .32 filled same as you and had to check again to make sure it said filled...thats about as close as it comes for me what a day is right
(0)
•••
MrIceman
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Comment by
MrIceman
on Nov 07, 2019 11:25am
RE:RE:wow dodged a bullet there....we just collappsed
OK. MINUS 60 %. That's pretty bad, IMHO.
(0)
•••
MrIceman
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Comment by
MrIceman
on Nov 07, 2019 11:24am
RE:whats the reason for the big selloff today?
I guess many small investors share your thoughts. LOL What a day. What a day!
(0)
•••
MrIceman
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Comment by
MrIceman
on Nov 07, 2019 11:23am
RE:wow dodged a bullet there....we just collappsed
MINUS 50 %. That's what I call a CRASH!
(0)
•••
MrIceman
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Comment by
MrIceman
on Nov 07, 2019 11:22am
RE:wow dodged a bullet there....we just collappsed
True, true. I feel sorry for anyone holding this stock. I'm glad I sold my last 150k shares today at 0.32.
(13)
•••
Lech1988
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Comment by
Lech1988
on Nov 07, 2019 11:21am
RE:RE:RE:RE:RE:RE:RE:whats the reason for the big selloff today?
Personally I am not exactly sure how this is going to work, The share price is tanking so much I don't really see how a rights issue is even viable....
(6)
•••
Brandonrr
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Post by
Brandonrr
on Nov 07, 2019 11:18am
wow dodged a bullet there....we just collappsed
holy sh!T
(5)
•••
stockhunter20001
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Comment by
stockhunter20001
on Nov 07, 2019 11:07am
RE:RE:RE:RE:RE:whats the reason for the big selloff today?
check who is buying at those low prices? The volume is close to 1M. Topdop, any input?
(1)
•••
JanineK22399HH
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Post by
JanineK22399HH
on Nov 07, 2019 11:06am
FT article on refinancing
https://www.ft.com/content/46bca6f4-0165-11ea-b7bc-f3fa4e77dd47
(359)
•••
BSdetector2016
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Post by
BSdetector2016
on Nov 07, 2019 11:05am
Glencore knows that a copper boom is just around the corner
That's why they want Katanga shareholders to capitulate now. Increasimg production and copper prices will service the debt. Oh, and there's cobalt too.
(13)
•••
Lech1988
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Comment by
Lech1988
on Nov 07, 2019 10:40am
RE:RE:RE:RE:whats the reason for the big selloff today?
You can clearly tell Glencore is fed up with with his company. The Special Committee believes that the recapitalization of the Company is in the best interest of the Company and its minority
...more
(6)
•••
Brandonrr
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Comment by
Brandonrr
on Nov 07, 2019 10:29am
RE:RE:RE:RE:whats the reason for the big selloff today?
I said f%ck it im done with this one....Im out... luckly my SCR and MAXR have more than doubled this year so I can afford to take a loss on this one and still have a decent year....If this settles
...more
(13)
•••
Lech1988
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Comment by
Lech1988
on Nov 07, 2019 10:25am
RE:RE:RE:whats the reason for the big selloff today?
100% correct. TBH I am shocked the price has not collapsed though. Also remember they are trying to raise a certain amount of money to pay off the debt. If the price tanks the 15:1 rights
...more
(6)
•••
Brandonrr
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Comment by
Brandonrr
on Nov 07, 2019 10:19am
RE:RE:RE:whats the reason for the big selloff today?
The new release in not even on the website...i had to google it WTF
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