OTCPK:KATFF - Post by User
Comment by
topdopon Nov 13, 2017 9:21am
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Post# 26949835
RE:RE:RE:Nov 14th
RE:RE:RE:Nov 14th#TrendSwapper I wholeheartedly agree. I find it quite alarming that KAT has got this far with its WoL project and mine re-commissioning in a complete vacuum without any real, meaningful and requisite Disclosure given along the way. All public Companies that have built something or are building something (with Shareholder/Stakeholder funds) are quite rightly held to very high standards in respect of Progress (commonly measured and disclosed as "Percentage XX of Completion Achieved" in Press Releases) and of course Costs. For examples look at Tasiast in Mauritania, Cobre Panama in Panama, Ambatovy in Madagascar, Sentinel and Lumwana in Zambia etc. Yet with Glencore and KAT, announcements explaining these things have been few and far between. Lastly, reaching, achieving and disclosing if and Commercial Production was/has occurred is a major Corporate TAX EVENT; one that everyone is entitled to know about. Notwithstanding, I remain Long the stock bullish as I am on KAT assets, scale & grade and of course Cu & Co themselves. These are my views only. Thanks for reading.