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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 Wonnetron Aug 05, 2017 1:09am
125 Views
Post# 26550536

RE:RE:RE:RE:Cobalt price dropped!

RE:RE:RE:RE:Cobalt price dropped!
lol. It was no glitch. The news of ratio change in works casue the current price to drop. The LME trades three types. Price today, 3 month futures and 15 month futures. It's not low grade price, it's refined cobalt. The current day price did drop 7K. You can go to the LME and look and the price history chart. It shows the dip. Not the first time this happens. Cobalt trades vary sporadically, due to its high price and low supply. It was not a glitch.
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