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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 Dirt2Oil13on May 14, 2018 6:05pm
145 Views
Post# 28029329

Bad news travels fast

Bad news travels fastAnd since this is very slow must be fine.If they were at world's end then they would not have postponed court Gerber.As for mining lease they have four weeks to restructure debt and try to soften the 10 percent royalty no mining company would like to pay.Gerber will come to terms with Glencore.As long as debt gets restructured in next four week no chance of dissolve motion going forward .But Glencore and other mining companies might have to pay higher Royalty my guess is they settle on 6 percent not ten percent .Yes looks like double to me if your not in your out.Dirt2Oil13
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