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 > this news is partially priced in. maybe a .85 open?

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Comment by springinhetveldon Apr 27, 2018 1:07pm

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Post# 27950901

RE:this news is partially priced in. maybe a .85 open?

As long as the freeze does not happen I think this is fully priced in.
But if the freeze happens the SP will drop.

But IMHO I believe the DRC is trying to improve its "game" and trying to get away from corruption and certainly from Gertler and such people. So I think they will drop Gertler if Glencore offers them a good (great) deal with KCC. So DRC holds all the cards now but I think they will prefer Glencore over Gertler but will use the Gertler "card" to force Glencores hand. Smart move from DRC.

Guess things will get resolved pretty soon now. Well before the May 8 court ruling day.

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