OTCPK:KATFF - Post by User
Comment by
topdopon Aug 08, 2018 9:24am
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Post# 28426188
RE:Solid second quarter
RE:Solid second quarter
After these results, my confidence in KAT has only increased and moreso given most of our *issues* are now firmly in the rearview mirror rather than in front of us.
KAT is executing very well: a C1 cash cost of $1.08/lb of Cu is significantly lower than I had expected and shows the opportunity here.
With the Gecamines one-time costs out the way and with further production scale yet to come as we ramp up to full speed and with significant sulphuric acid credits still down the road, C1 is headed under $1/lb Cu.
Exceptional.
These are my views only. Thanks for reading.