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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 Jan 01, 2018 10:44pm
162 Views
Post# 27258845

RE:RE:You are all right to some extent ....

RE:RE:You are all right to some extent ....
Under the assumption thay KAT shareholdrrs.and GLEN do not come.to.a buy out agreement firat .... no doubt the focus of revenues the first 2-3 years of full prod ops will be to reduce debt and then buy back the ridiculous float of shares. What is your point ? Every $ of debt paid off.and every share bought back raises the value of the remaining shares going forward ... that's business 101 and a great position going forward for KAT share holders from each debt reduction and share buy back. Its all moot anyway IMO .... GLEN will buying us out and probably soon. So the bigger Q to ask yourselves is what $ offer is enough to make you part with your shares/ fair ? We will all probably be asked to vote on an offer in 2018.
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