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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 Nov 23, 2017 11:56am
126 Views
Post# 27019472

RE:This would be nice if they could secure VW

RE:This would be nice if they could secure VWHow would this be good? VW was looking for long term Cobalt supplies

VW got denied by all the Cobalt suppliers..Why? They want to secure long term supply of it...Which means the suppliers dont get to Mark to Market the supplies of Cobalt

No so it would have not been nice if Katanga had secured this long term...However, if Katanga was looking to Mark to Market every year then it would make sense, but not if it was for the long term. Mark to Market type deals ensure, stable increase in revenue

Think like a business, and not like a deal maker

Best,
Katanga Shareholder
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