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 > Some Initial Analysis

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Comment by Katangaon Nov 06, 2018 5:01pm

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RE:Some Initial Analysis

Also Topdop, in an effort to find more positive, KAT had a fair amount of inventory left over from Q2, approx 750 tonnes of cobalt and 6000 tonnes of copper. So theoretically, we could see sales of approx 45,000 tonnes of copper and 2750 tonnes of cobalt. If we are lucky, revenue tomorrow would be in the order of 395M

Also, moving forward, As they stockpile inventory of cobalt, a portion of production expenses would be allocated to inventory increase and there might still be the potential for profitable quarters.

Time will tell.

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