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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 tresspaseron Feb 01, 2018 7:23am
374 Views
Post# 27477273

RE:10% royalty for cobalt with 50% super tax

RE:10% royalty for cobalt with 50% super tax
Not quite that bad. If net profits are $20 and most of that is super profits (likely) then you lose 50% of say $14, or $7. That leaves $6, and thou pay 10% of that... .60 cents. So instead of $20 profit, you get $7 + $5 40 profit, or $13.40.
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