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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 topdopon Apr 27, 2018 1:06pm
114 Views
Post# 27950894

RE:RE:RE:I think it is bad news

RE:RE:RE:I think it is bad news
"The agreement between KCC, Gcamines and AHIL is subject to English Law and the exclusive jurisdiction of the English Courts". 1. DRC has no jurisdiction; & 2. Possibly poses no (additional) fiscal impact to the ops of KCC because these Royalties were agreed a long time ago AND WOULD BE IN THE OPERATING budget. Things only changed after the US sanctioned Dan Gertler, the Individual.... These are my views only. Thanks for reading.
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