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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.


OTCPK:KATFF - Post by User

Katanga Mining Ltd Ord > Katanga at the Glencore Conference call
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Comment by Sogosohubidu201on Feb 21, 2019 11:28am
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Post# 29394181

RE:RE:RE:RE:RE:Katanga at the Glencore Conference call

RE:RE:RE:RE:RE:Katanga at the Glencore Conference callThe cost of acid plant has not yet been reported in the financial reports. The commission of acid plant was originally expected in Q2 this year and was delayed to Q4 this year. The cost will be expensed in 2019.

It is better to take loans from banks that carry lower interests than Glencore charged.

Uranium issue was surprised to everyone including Katanga and Glencore. This is the last hurdle for KAT story. Katanga was doing geological survey to find the source of uranium per Q4 2018 report.
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