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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Katanga Mining Ltd Ord > Cobalt just crashed

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Comment by Daytrading16on Aug 03, 2017 12:33am

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RE:RE:Cobalt just crashed

https://www.lme.com/metals/minor-metals/cobalt/#tabIndex=2 down 7k per tonne. The people who are downvoting, don't be upset at the messenger. If you don't think this will effect share price for kat you are kidding yourself. 7k drop is a huge drop in price. Look at how the last drop of 1.2 k for cobalt dropped kat shares from .85 to .75. Again, this coupled with the investigation is bad news. If there was no investigation I would be less pessimistic. Good luck at the opening bell. Out of kat though until investigation is concluded.

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