Katanga Mining Ltd Ord KATFF

COBALT will be bought at any price

[Quest4insight]

Lets say 60% tax increase on cobalt in Congo. Then resonable step for Katanga would be absolutely post that tax on current price of cobalt and so cobalt will rise as much as new tax being paid by Katanga. BECAUSE there is no alternative and if BIG COMPANIES directly buying from Miners then some discount for not dealing with middle man.

And there is no new suppliers booming that can meet the demand. Most just exploring stage companies that yet to produce where Katanga is all geared up to deliver.

Its worth buying cobalt at even 150,000 a ton.
Because to actual product that contains cobalt, it will merely effect buy 10 bucks top. Where cell phones gets expensive in $100 of dollars and laptops are getting cheap by such way. Market can readjust to this very calmly. Its nothing to get hiked a cellphone by $10 or $20 or even $50. I mean market is full of all kind price taged cell phone.

So Cobalt will be bought at any price so Congo tax simply going to be pass on to market price of Cobalt.

Katanga will go up, no alternative even after more taxes. Business will be dealt with such a way where all can co-exist fruitfully in sense of debt, interest, investor's return, and progessive earnings, and by keeping government happy for complying with tax reform. 

cheers and prosperous future to all that works hard anyway possible.