OTCPK:KATFF - Post by User
Comment by
Sogosohubidu201on May 27, 2019 12:34pm
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Post# 29775503
RE:ToTal Capital Expendure and Commitments of $182.9 m
RE:ToTal Capital Expendure and Commitments of $182.9 m At the current cobalt price ($34,000 per tonnes) and copper price (about $6,000 per tonne) as well as 35k tonnes of cobalt and 285k tonnes of copper next year, I see $1 billion USD of free cash flow for KAT next year. Sustaining capital expendure may be around $185-$190 millions next year.
However, share price should rise when Q2, Q3 and Q4 results are out this year because of big improvement financially.