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.

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Katanga Mining Ltd Ord > 1Q19 Results

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Comment by bigguy56on May 17, 2019 1:48pm

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Post# 29756420

RE:RE:RE:RE:1Q19 Results

I don't mean to be condescending, but there is a big difference etween a Sustainable Expenditure and a Sustaining Expenditure. The common term is Sustaining. Not sure if you know that, You probably do, but for the sake of the readers it can easily be misunderstood. Someone may take it to mean Sustainable = what they can afford or something. Sustaining means capital necessary to Sustain current levels of Production. vs Growth Capital = grow production. Those ar the common terms I have heard. minor but important point in terms of the implications.

Excelloent points though!!

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