Katanga Mining Ltd Ord KATFF

RE:RE:KBLT CEO predicts the rebound of cobalt price this year

[Sogosohubidu201]

@Sam.  If cobalt price rises to $55,000 per tonne as expected by KBLT CEO for the remaining of this year, we have a trade deal between US and China, continue rising in copper price as expected, and all the permits obtained by March 11 to install Ion Exchange System and commissioned by October 1 per KAT Q4 report,  I see that the share price of KAT may rise to above $1 range by the year end.

I am in KAT for lone term, next 3 - 4 years to ride the trend of EV and renewable energy.  I don't need this money for the next 5 years. But I do see a sharp rise in share price next year when KAT recommences cobalt export at higher price than today's cobalt price and much higher copper price.  

The fundamental reason I am in KAT is that copper alone (285 k tonnes) willl cover all the costs at high copper price of $7500-$8000 per tonne (confidence that we will touch this copper price range next 2-3  years) and 38 k tonnes of cobalt at $55,000 per tonne of cobalt price will generate pure profit and free cash flow of $0.70-0.75 per share of earning and free cashflow after tax and royalty, justifying at least $5 share price for KAT within next 2-3 years.  I can wait.