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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 SchiffKnowsBeston May 01, 2018 1:26pm
211 Views
Post# 27965412

Here's The Likely Outcome

Here's The Likely OutcomeWe have now seen the response to the Gertler fiasco (Glencore wins injunction against Gertler) and my guess is the KCC situation will resolve itself in doling-out more equity. Thus the reason why the attack on the share price to thus give them more ownership since shares would likely be issued at current price of vwap over 20 days. No one cares when you have a marginal business but when you're talking the biggest copper mine in Affrica and the biggest Colbalt mine globally then all the pigs come to the trough. GREEDY PIGS!
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