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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

Post by mingzhuon Jan 31, 2018 10:09pm
169 Views
Post# 27476226

10% royalty for cobalt with 50% super tax

10% royalty for cobalt with 50% super taxif net profit is 20% out of $100 revenue, it has to pay $10 royalty + $10 super tax = 100% go to the Congo state. It must be absurd. 
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