Katanga Mining Ltd Ord KATFF

Just hold on KAT could up $3.00 on August 2018.

[katangan18]

Base on the Chart pattern it shows that  KAT Stock Price could go up to $3.00 by August 2018. These are base on the recent event and the reaction or flactuation on the chart, the Investors are just very cautious as it shows the chart last week June 12-13, 2018. There are many investors are ready to inter and watching the incoming big event on KAT. The reaction on the chart on June 12-13, 2018 are just very tiny reaction resulted from the settlement of KCC and the Gertler Royalty issues. The settlement on KCC and Gertler Royalty issues shows the significance the "Katanga Mining" its COBALT & COPPER  as the stratigic part of Glencore. After the expected 2nd quarter reports, re-structure, production target, facilities, equipments and  infrastructure update, Stock will be on smooth sailing. WATCH!! THE BIG UP COULD BE ON THE WAY. 

[jiayouha]

Something will happen by the end of June 26. Finger cross.

[bigguy56]

I think talk of 2 or 3 anytime soon is a bit unrealistic. Confirmation of the deal and a decent earnings report that shows stability will get us to 1.50, maybe a bit higher. The chart actually trends up solidly to that number, with peaks in between. I would put that when the earnings come sot in august.

[Kidlaw1]

Yeah 2 or 3 is pushing it.   The other thing to consider is, who is to say another threat will not come KAT's way.  That is what's going to be on everyone's mind. It's the congo and they are half a year away from elections... who is to say that may not affect KAT.

[jiayouha]

I remembered that a minister in DRC said: Congo needs mining firms and minings firms also need Congo." DRC will not provoke Glencore because it is the giant Glencore rather than First Quantum. The best they can do is to ask for more money. 

[IverLumberjack]

https://www.google.com/amp/s/seekingalpha.com/amp/article/4032657-top-5-cobalt-miners-consider?source=images Just comparing to lundin which had a mcap 3.6 billion. And Kat which is at 2 bill now but has 4 times the resources should this be worth 4 times lundin at $14 bill. That would put it at $7. Of course you have the risk of Congolese gov. Am I missing something?

[cyber37]

Since Glencore has 86% of KAT.....nobody will buy this company regardless of how much cobalt they have. Sure $7/share would make sense but only if buyers were out there willing to pay that but there are none that we know of. Unless Chinese are making some behind closed doors deal. G37

[InternalAudit68]

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[katangan18]

Last year when Glencore own 86% share of KAT it was able to reach $2.50 a share that was very strong magnitude of up for KAT. One of the big factor is Glecore's CEO "Ivan Glasenberg"  is in action and put an effort to it, this guy will never stop, raised and born in African Contenent I believe he put his heart into african nation and the african people are more comfortable to