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Bullboard - Stock Discussion Forum 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 Discussion

Katanga Mining Ltd Ord > Strange.....But still holding
View:
Post by Up700Up on Oct 03, 2018 12:15pm

Strange.....But still holding

The SP doesn’t make sense considering the value of Cobalt/future demand....and Katanga being the largest source.

I keep holding expecting the SP to rocket up when earnings report comes out in early November. Big profits are expected.
Comment by InternalAudit68 on Oct 03, 2018 12:38pm
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Comment by Sogosohubidu201 on Oct 03, 2018 2:01pm
Debt is definitelly manageable.  Based on the projected EBITDA in 2019, 2020, and 2021, the ratio of KAT net debt to EBITDA is about 3 for 2019, 2 - 2.5 for 2020 and 1.5 for 2021, which should decrease very quickly. The average capital intensity to build a copper mine in the mining industry is about $14,500 USD per ton of copper equivalent.  KAT will have 300k tons of copper and 40k ...more  
Comment by InternalAudit68 on Oct 03, 2018 2:33pm
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Comment by topdop on Oct 03, 2018 2:44pm
Succinctly stated @Sogosohubidu201 I've been picking away at 66c again today. Will keep going whilst the Sale lasts. These are my views only. Thanks for reading.
Comment by nickcivic27 on Oct 04, 2018 4:58am
Aren’t you folks worries about the US subpoena on glencore? im still long on KAT since 0.12c
Comment by InternalAudit68 on Oct 04, 2018 8:31am
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Comment by Bullogna on Oct 04, 2018 1:20pm
Wow, nice entry.   I was one of the fools that bought in 1.8’s.  got a bit of the fomo.   Figure I’ll wait it out.  Don’t need the cash right now,  debating avg down soon..  do you guys think cobalt is done?  Sure hope not.   Got in the party late on this commodity.     Most are down heavy FCC, KAT, ARRRF
Comment by InternalAudit68 on Oct 04, 2018 1:38pm
This post has been removed in accordance with Community Policy
Comment by topdop on Oct 04, 2018 7:00pm
Hehehe nice one @InternalAudit68. Thankfully, I've been long that game too, and very much hedging out my current KAT "losses"... These are my views only. Thanks for reading.
Comment by Lech1988 on Oct 04, 2018 1:49pm
I think the cobalt juniors are dead for a couple years at least, none are making any real headway to get financing and these goals of being able to produce in early 2020's (a date that is constantly thrown around)  are not looking likely at all.  KAT on the other hand is a different story, its about as far from a junior as you can possibly be in the copper/cobalt space.  if the ...more  
Comment by InternalAudit68 on Oct 04, 2018 2:02pm
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Comment by topdop on Oct 09, 2018 11:16am
@nickcivic27 Participants on my Seeking Alpha KAT Blog have long been aware of the US Fed action against GLEN as well as the outstanding Canadian OSC action(s) against KAT. With various additional issues against KAT by Gertler, the DRC and Gecamines now settled, Mr. Market has already moved on and priced in the remaining risk, that being the subject of this Comment. All that now remains for ...more  
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