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Katanga Mining Ltd Ord KATFF

Metals & Mining Industrial Metals & Minerals
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

Katanga Mining Ltd Ord > Does anyone know ??
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Comment by patels96on Dec 16, 2017 3:41pm
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Post# 27171879

RE:RE:Does anyone know ??

RE:RE:Does anyone know ?? You both are wrong...GLEN holds 100% of KAT's debt since they own over 50% and can exert significant influence in regards to KAT's operations...in accounting is this know as the acquisition method

In addition, since majority of debt was issued by GLEN to KAT this is a shareholder loan which carries more flexibility then a traditional loan from financial institutions

Best,
Katanga Shareholder
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