Katanga Mining Ltd Ord KATFF

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

[ch1nmuzak]

the market ... which analyzed KATs potential revenue to debt ( of all types) situation ( see seeking alpha articles dating bak this time last year ) ... would seem to disagree with you ;o).

I personally, who DO know how to evaluate the debt payments on a producing mining company's balance sheet vs. its potential revenues + profits and project "tax free date" ... disagree with you. 

GLEN themselves show strong signs of disagreeing  with you ... I say this because if what you say is true ... KAT and Co would get little \ no mention in ther quarterly and annual reports to investors. Yet ... there it was just 2 weeks ago ... prominently featured by the GLEN CEO. 

Co and KAT are strategically important to GLEN long term. That's why they authorized the WOL plant expenditures to make it more cost effective in the first place. Trust me ... I smell strongly that they would love nothing better than to rid themsleves of us all and delist it so they can play "DRC political games" with less scrutiny and be more free to capitalize on their DRC Co assets going forward. And they know full well that , the longer they wait, the more it will cost them to buy those shares. 

I may be wrong but ... I will be surprised if a strong offer doesn't come in 2018 prior to phase 2 WOL commisioning. Its only roughly 250M shares at $2 ( market today ) and say $3 per share to seal the deal. That's 750M ( < 1B ) which is chump change for them and a fraction of the revenue in the ground.