Katanga Mining Ltd Ord KATFF

Metals & Mining Industrial Metals & Minerals

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.

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Katanga Mining Ltd Ord > KAT is too risky

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Comment by stockfyon May 03, 2018 3:08pm

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Post# 27978552

RE:RE:KAT is too risky

Potash1968 wrote: The risk as stated here in this FT article as saying;
" embroiled in tough negotiations with DRC state mining company Gcamines in a bid to recapitalise its local Kamoto Copper Company — and prevent it being dissolved with the loss of its licences without compensation.

Now I call that the ultimate risk here !!

I think both KAT and IVN are very risky plays. Their risk is way beyond average. The Government in Congo is unpredictable. This is what I get after reading all the recent developments. Just my two cents.

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