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.

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Katanga Mining Ltd Ord > We're just getting started!

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Comment by Sirk77on Jul 12, 2017 11:41am

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Post# 26460093

RE:RE:RE:We're just getting started!

Once production starts and they are selling the metal, you may see prices well above $1.30 have a look at the 10 year historical chart for cobalt and look at the ten year chart for Katanga... they follow each other very closely in terms of the shape of the chart. Now look at where the share price was when the price of cobalt was around 30$/lb...

Katanga's financial situation may not be the same as it was at that point, having perhaps grown a debt while on the Maintenence and upgrade cycle, but the demand for cobalt in batteries is not likely to diminish and the mine is going into production short term. There is a lot of upside potential in my opinion.

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