Bullboard - Stock Discussion Forum Katanga Mining Ltd Ord KATFF

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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.

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Katanga Mining Ltd Ord > Done

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Post by Cider6000 on Nov 18, 2019 3:26pm

Done

TEll me I read this wrong.
For every share you have the Right to BUY more at 13 cents but, its diluted 31:1 now, if you use your Rights, if no your shares are zero. I sold hard last week, major lost.

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Comment by InternalAudit68 on Nov 18, 2019 4:04pm

This post has been removed in accordance with Community Policy

Comment by Cider6000 on Nov 18, 2019 6:06pm

At 13 cents to raise $7.678,366,000 , that's an issue of 59 Billion plus shares. Good luck with that subscription filling. Glencore "fills" subscription by "backstopping" debt... owned to themselves. Game over. NOT NICE

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Katanga Mining Ltd Ord