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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 Sogosohubidu201on May 16, 2019 10:26pm
90 Views
Post# 29754098

RE:Any thoughts about the debt offer?

RE:Any thoughts about the debt offer? Don’t worry about it. Debts are due in 2021. By then KAT share price will be much higher than today’s price after a full year period that KAT is able to sell 300k tonnes of copper and 35k tonnes of cobalt at higher copper and cobalt prices as well as deliver super financial performance, over $1 billion free cash flow per year in 2020. It will be a good time for KAT to discuss debt payment arrangement.
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