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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 johnny54on Mar 19, 2019 4:13pm
69 Views
Post# 29507285

RE:What's next for KAT?

RE:What's next for KAT?my opinion which doesnt mean much with my 2 stars;)
1) trade war resolution which then gives a brighter economic outlook out of china
2) this oversupply or lets say supply of cobalt being used up which is what i think Glencore and ERG are banking on with there cuts of production.
3) resumption of cobalt sales from katanga
4) rise is copper and cobalt price 
5) continued noise around the rapid ev adoption from media and car companies
6) maybe some new supply contracts announced from glencore with battery companies.
7) the realization that all these juniour mines and there projected supplies of cobalt will not be ready intime and the subtraction of there estimates on overall supply
8) some resolution or new terms arranged in congo for miners in terms of the new tax applied that glencore and otheres recently met new president about.
9) some big time players to come pump this thing up like the good old days and the 75 CENT SWINGS.
10) this thing dropped from 2 bucks down to this range and even with all the positives and the fact this mine is right at the point of being up to full capacity. we have never made any ground up yet.
alot of estimates were for this to by a 3 to 5 buck stock even some said 10 and above. when we reach full capacity even with todays commodity prices. This is a $2 stock all day minimum.

the wait is getting ridiclous and id like to transfer my funds else where. this will probably be a slow play from quite a few more months, but as soon as that does happen this thing will rocket again. stay patient and accumulate if you can.

the world is going green and although it might not look as promising in Canada and north america at this time look whats going on in china and europe its all a matter of time and KAT will not be replaced.
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