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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 meteoron Dec 16, 2017 1:57pm
119 Views
Post# 27171570

RE:Does anyone know ??

RE:Does anyone know ?? I don’t know but in my opinion the answer is yes Glencore owns 86% of the debt, just as I may own 0.00000001% of the debt too.  My thinking is that Glencore like ourselves are shareholders or if you like owners.  Based on quarterly statements and our percentage of shares owned individually we all reap the good and the bad when the share price goes up or down and one of the many contributing factors reflected through the accounting and in the s/p is whether debt goes up or down.  So in my opinion Glencore has a hefty 86% share of everything at Kat.to.


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