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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

Comment by topdopon Aug 08, 2018 9:24am
221 Views
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.
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