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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 > Any thoughts about the debt offer?
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Comment by topdopon May 17, 2019 9:27am
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Post# 29755248

RE:RE:RE:RE:RE:RE:Any thoughts about the debt offer?

RE:RE:RE:RE:RE:RE:Any thoughts about the debt offer?
Can everyone please kindly refrain from continuing to speculate that KAT might pay a divvy to its shareholders with the money that might be leftover after paying off Glencore.

This speculation is reckless in that it is not based on any past fact or industry precedent: incredibly speculative mining companies like KAT involved in the business of building and developing out Capital assets, in difficult countries, whilst trying to fix a very broken Balance sheet, and all the whilst, in very uncertain commodity markets, DO NOT PAY COMMON SHAREHOLDERS DIVIDENDS.

If ever discussed at all, the KAT BoD would scotch this notion as quickly as one swats a Central African Tsetse fly on sight.

These are my views only. Thanks for reading.
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