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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 ch1nmuzakon Dec 04, 2017 8:12am
208 Views
Post# 27083084

RE:RE:RE:RE:RE:Cobalt up again today!

RE:RE:RE:RE:RE:Cobalt up again today!those are fair but conservative estimates and a PE of 10-12 is about right for the mining industry.

So $2 a share is a baseline price for this puppy 1 year from now. If the WOL price per ton is what they say it will be, they actually get prod  to 300 MTA in 2019, or ... Co and \ or Cu rise ... it goes up from there accordingly. It is not to hard to envision scenarios where it hits $3 or perhaps even $3.5 somewwhere in 2019 \ 2020.

On the downside .. there is the DRC factor, expenses in the form of taxes and  royalites to gecamines can go up at any time w\o notice ;o).
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