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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.

Bullboard (OTCPK:KATFF)

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Comment by patels96on Jun 25, 2019 4:22pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Glencore Onwership of KAT shares..Latest

Remember that KAT is a low cost large scale operation, In theory, we want a low cost operation (which KAT is), somewhat high interest expenses (deductibiity of Interest will lower taxes), and low ...more  
Comment by patels96on Jun 25, 2019 4:16pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:Glencore Onwership of KAT shares..Latest

The share price will remain dispressed until sentiment improves in the general mining industry as well as for KAT, some of the hurdles we need to get through: US-China Trade resolution, will ...more  
Comment by stockhunter20001on Jun 25, 2019 3:55pm

RE:RE:RE:RE:RE:RE:RE:RE:Glencore Onwership of KAT shares..Latest

@patels, then can you explain why the share prices continues to drop?!
Comment by patels96on Jun 25, 2019 2:31pm

RE:RE:RE:RE:RE:RE:RE:Glencore Onwership of KAT shares..Latest

That is exactly what I think will happen, if anything they will spread out the maturities of the different facilities when they roll out the debt so that they can reduce the indebtedness as the loans ...more  
Comment by stockhunter20001on Jun 25, 2019 1:43pm

RE:RE:RE:RE:RE:RE:Glencore Onwership of KAT shares..Latest

@patel96, so you think they will just roll over the debt and no debt-equity swap  as they did with KCC/DRC case.
Comment by patels96on Jun 25, 2019 1:24pm

RE:RE:RE:RE:RE:Glencore Onwership of KAT shares..Latest

The interest is irrelevent to GLEN as upon condolidation the interest expense and interest income report on GLEN's finaicals are eliminated. The accounting works as such that when GLEN issues the ...more  
Post by bigguy56on Jun 25, 2019 12:53pm

Hereis an interesting application of battery storage

I had not thought of this. The problem with alternative energy is that it is costly and unreliable... wind power only works when it blows, solar only when the sun shines... so as costs come down, is ...more  
Comment by stockhunter20001on Jun 25, 2019 12:50pm

RE:RE:RE:RE:Glencore Onwership of KAT shares..Latest

Topdop, I am not a mining expert like you, but I have been reading Glencore annual report yesterday, and this is what I found, please correct me if I am wrong. -June 2018, KCC swaped the debt to ...more  
Comment by bigguy56on Jun 25, 2019 12:40pm

RE:RE:RE:RE:Glencore Onwership of KAT shares..Latest

Topdop: In your opinion, does Glencore intend to keep KAT long term; are they interested in it as a long-term investment? Everyone on this board seems to be assuming that Glencore will simply roll ...more  
Comment by topdopon Jun 25, 2019 12:22pm

RE:RE:RE:Glencore Onwership of KAT shares..Latest

I know. And exactly why an OSC mandated PR would already have been released. It hasn't. Ergo, no change in the ownership of KAT by GLEN. Its not complicated. PS: I truly don't believe GLEN has ...more  
Comment by stockhunter20001on Jun 25, 2019 11:59am

RE:RE:Glencore Onwership of KAT shares..Latest

Thanks Topdop, I am looking for if Glencore has bought more shares of KAT at those low prices, and they own now more than 86% of Katanga.
Comment by topdopon Jun 25, 2019 11:43am

RE:Glencore Onwership of KAT shares..Latest

@stockhunter20001 Investing 101 go to SEDAR and pull up KAT's last AIF & MIC (both being annual disclosures). If you don't know what those are, Google can tell you. As listed on the TSX ...more  
Post by stockhunter20001on Jun 24, 2019 10:48pm

Glencore Onwership of KAT shares..Latest

Can somene try to to go through Glencore latest financial report and try to see how many KAT shares Glencore owns in thier report?  I could not find it, but I think there are googd accountants ...more  
Comment by stockhunter20001on Jun 23, 2019 7:51pm

RE:I hate to say I told you so, but, I TOLD YOU

IVN has maket cap 4Billion!!! Any hicup that stock will come down crashing! What better recomendations do you have?
Comment by bigguy56on Jun 21, 2019 8:37pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:I hate to say it but...

Good post Topdop. Further to what you have said... do you think that Glencore wants to keep the company or are they preparing the company for an asset sale? It seems to me that they are preparing for ...more  
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