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.

OTCPK:KATFF - Post by User

Katanga Mining Ltd Ord > tax lose sell and see you at 30 cents by end of the year

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Comment by ch1nmuzakon Oct 08, 2017 2:51am

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RE:RE:RE:RE:RE:tax lose sell and see you at 30 cents by end of the year

nothin wrong with dreaming. The world is changing , so its possible even the most optimistic projections 4 copper and cobalt are low but in the end for prpducing miners .... Share price = earnings and cash flow per share . This has too many shares . With 2B shares outstanding ... at a PE ratio of 10 ... Kat would have to NET 2B per year after all costs to be worth $10. There r a few individual mines in the world that generate that much revevue ... but profit ??? No way. Realistically it has a ceiling of $3-3.5 under the most optimistic scenarios.

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