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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.


OTCPK:KATFF - Post by User

Post by SchiffKnowsBeston May 01, 2018 2:00pm
203 Views
Post# 27965605

Rally To May 8th

Rally To May 8thLots of options open. My guess is Gecamines simply wants a bigger slice! No way they are going to let anyone else have a piece. "If the court provides KCC with a period of time within which to regularize the situation, to request the appointment of an expert to assess and report to the court on KCC's financial position and the recapitalization plan. A court hearing is scheduled to be held in the DRC on May 8, 2018. The court may grant KCC a maximum period of six months to regularize the situation. The company believes that it has several options to remedy KCC's capital deficiency and avoid KCC's dissolution".
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