OTCPK:KATFF - Post by User
Comment by
ch1nmuzakon Dec 04, 2017 8:12am
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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).