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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.


OTCPK:KATFF - Post by User

Katanga Mining Ltd Ord
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Post by petes97on Sep 09, 2009 2:20pm
668 Views
Post# 16290538

1.1 billion shares

1.1 billion sharesThanks for the info.  Question I have is what is Glenco stake in this?  If they paid only 250 million for their shares and the company is worth considerably more, what would they be willing to purchse the other shares for?  The talk has been about them selling shares, but what if the reverse shoudl happen?  If they control large share volume and their investment is only 250 millio wouldn't it be to their advantage to control more?  Just a thought..
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