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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

Comment by patels96on Aug 02, 2017 2:17pm
147 Views
Post# 26539330

RE:RE:RE:RE:RE:KAT revenue: copper $6347/t x $300,000=1.9 b

RE:RE:RE:RE:RE:KAT revenue: copper $6347/t x $300,000=1.9 bOh btw Bullshat look at TRQ (Turquoise Hill Ltd) stock. Given that this company had just over 2 B shares outstanding how they have a stock price of just over $4. Not just that they also have 1.2 B in revenues. KAT has about 1.9 B in shares outstanding they are improving the cost structure of the mine to yield an operating expense of at least $1.65 and they are going to produce 300,000 Tonnes of Copper and approx. 22,000 Tonnes of Cobalt which is going to yield way more then the 1.2 B that TRQ is currently making. Oh wait just to top it off SCCO (Southern Copper) has approx $4.5 B in debt and no major share holder backing it. SCCO is the lowest cost producer of Copper. KAT has debt of $4 B CAD but its backed by Glencore and is on pace to reduce its costs signficantly and increase Copper and Cobalt production significantly. Tell why this stock will not go to $5? Oh wait your just Bullshating maybe you should change your name of Bullshart instead
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