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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 Sogosohubidu201on Sep 20, 2019 11:20am

RE:RE:RE:RE:Essential reading

KAT mine NPV at $17.18 billions includes sunk costs of probably around $9.5 billions based on the previous KCC debts. So if Chinese is willing to offer: $17.18 + $9.5 = $26.68 billions USD, I am sure ...more  
Comment by Lech1988on Sep 20, 2019 10:38am

RE:RE:RE:RE:Essential reading

It's impossible to know but I truly think GLEN will throw in the towel on the DRC soon.  "Soon" in mining terms meaning it could be several years from now, but right now these ...more  
Comment by Kidlaw1on Sep 20, 2019 9:58am

RE:RE:RE:RE:Essential reading

Also, this sell will be huge and will literallty give China almost full control of the cobalt market.  Which is bad for the US since batteries are now becoming the new oil....   I am ...more  
Comment by Kidlaw1on Sep 20, 2019 9:57am

RE:RE:RE:Essential reading

Well I am done for a sell... but the question is... how much is Glencore going to sell the assets and KAT for, and how much will fall into the hands of minority stakeholders.  Will Kat be selling ...more  
Comment by Lech1988on Sep 20, 2019 5:12am

RE:RE:Essential reading

More chatter about the takeover interest today on Bloomberg.
Comment by topdopon Sep 19, 2019 4:32pm

RE:Essential reading

Whether they like it or not, looks like FM might be in play. But I can't see (any) Canadian government being too keen to agree a takeover of a Canadian company to a Chinese company. Not in the ...more  
Post by Sogosohubidu201on Sep 18, 2019 9:51pm

lithium ion battery costs falling to all time lows ($100kWh)

  Simon Moores‏Verified account @sdmoores 22h22 hours ago More This is my favourite chart from the #Benchmark2019 World Tour so far. As lithium and cobalt ...more  
Post by JanineK22399HHon Sep 18, 2019 12:56pm

vol. 22

is this correct? is this halted? 
Comment by topdopon Sep 17, 2019 2:22pm

RE:Citi - Cobalt is our most bullish call of the EV metals

yes @Sogosohubidu201 tons of upside remains in Co pricing. Citi's LONG TERM price is very telling. And GLEN knows this as they created the squeeze that's pushing prices right now such that I ...more  
Comment by topdopon Sep 17, 2019 11:11am

RE:RE:Essential reading

@Lech1988 no my "treble" is a base case from current levels & the 200 day m.a., so from 50(ish)c back up to around $1.50.  And as I said, in my opinion, now is not the appropriate ...more  
Comment by Lech1988on Sep 17, 2019 10:30am

RE:RE:RE:RE:Essential reading

 Well something positive needs to come out of these assets soon.  They have been nothing but a headache for GLEN and the largest/most profitable has just been mothballed. .
Comment by patels96on Sep 17, 2019 9:20am

RE:RE:RE:Essential reading

If you read the Q2 Transcript from GLEN, they have no intention of selling their DRC assets
Comment by Lech1988on Sep 17, 2019 3:54am

RE:RE:Essential reading

Does that take into account our (ever growing) debt pile? Personally I think there is a very real chance GLEN looks to sell their DRC assets.  They have been nothing but a headache from ...more  
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