Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > KBLT CEO predicts the rebound of cobalt price this year
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(63)
•••
Comment by Sogosohubidu201on Mar 05, 2019 2:42pm
142 Views
Post# 29445213

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:KBLT CEO predicts the rebound of cobalt price this year@topdop, @lech. Good to see three of us still here, hahaha.  The issue of trace uranium in cobalt not only delay good earning quarter for 4 quarters, but also artificially increased costs for Q4 2018 and will increase the costs for this year because the company would needs to make provisions for it.  If not for this, copper product alone at full capacity may make the company profitable even at today's copper price and higher copper price may not be necessary.

Nothing above would change the company fundamentals from next year.  The operational costs after removing the provisions matched the numbers of Engineering Report and those of Goldman estimates well from my calculation.

To use Ion Echange to remove trave uranium is a simple and straight forward process:https://www.wqpmag.com/uranium-removal-ion-exchange
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities