OTCPK:KATFF - Post by User
Comment by
patels96on Nov 23, 2017 11:56am
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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