Katanga Mining Ltd Ord KATFF

3 quarter results?

[SAM1492]

Does anyone know when Katanga will post there Q3 report? I have a feeling it will be good and positive.

[Sogosohubidu201]

KAT is going to report Q3 production on October 26 (Friday next week), the same date as Glencore Q3 production report.  KAT and Glencore may report Q3 financial report in the week of November 5, 2018 or the week earlier. Q3 should be far better than Q2 numbers since Q2 was impacted by one time charges, higher interest charge and delay in sale of copper and cobalt. My estimated Q3 earning is

[InternalAudit68]

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[Sogosohubidu201]

We may have year end tax loss selling going on. But Q3 reports may turn the situation around.  From multiple sources, e.g. KAT 2018 technical report, Goldman operating and net cash flow estimates, KAT should be $5 - $10 stock within 2 years after the 2nd train is fully commissioned and assume that the production is not affected by DRC politics (very unlikely). 

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[malaka66]

Ohhhhh Dont you worry....you can average down more when the price get much cheaper from here....but be prepared to hold for 10 years to break even......the market is telling you something...there is no secret...there is no arbitrage oppurtunity here....it hads its run....take a chart...max it out.....the long smooth lines that run 5-7 years long are its Mean.....a stock always reverts to its mean.