OTCPK:KATFF - Post by User
Comment by
patels96on Aug 02, 2017 2:17pm
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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