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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.


OTCPK:KATFF - Post by User

Post by 12groundpounderon Jul 08, 2017 4:51am
279 Views
Post# 26446774

cobalt 30,000 tons is 1,8 billion rev at $60,000. per ton

cobalt 30,000 tons is 1,8 billion rev at $60,000. per ton

This is a monster 25% of world production in this company not including  the copper . 

What other stock that dominates  world cobalt production trades at less than 1 times revenue .When the price rises 50 % what do you think this rockiting stock will do . They could pay their debts off in 1 to 1.5 year,s . 1 billion in net earning,s x a price earning,s ratio of 10 = 10 billion in market value more than 10 x the present price .

With a supper shortage developing in cobalt i bet you the 20,000 ton,s the owner glencore sold today per yr. is katanga,s . 12 monster gigga batery factories coming on stream Tesla is small potatoes. 8 alone china.

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