Bullboard - Stock Discussion Forum 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.

Add To Watchlist

OTCPK:KATFF - Post Discussion

Katanga Mining Ltd Ord > Moving forward

View:

Post by Nolimits on Nov 11, 2019 7:35am

Moving forward

Hi guys,
I have been following this thread for quite some time now and I am in the same position as many/few/some of you, ie owning shares and looking at a massive potential dilution.
What is your view of the best way going forward to avoid/smooth any losses?
Taking up my rights issue will not work as cash reserves are limited..
Topdop, what do you see as optionalities here? Is there a blue sky somewhere?
Is there a chance that the rights issue will not be approved? Maybe there is a possibility to push (somehow) to roll forward the debt from 2021 onwards?
thanks

194