OTCPK:KATFF - Post by User
Post by
Sogosohubidu201on May 14, 2018 8:42pm
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Post# 28029959
2018 Q1 Earning Report
2018 Q1 Earning Report https://yhoo.it/2GfJRzz
Q1 2018 earning report out as above. Katanga mining generated positive cash flow from operation and positive EBITDA.
Phase 2 of the WOL Project is expected to commence in Q4 2018. The acid plant and acid production are expected to be commissioned in Q3 2019, which should reduce production costs significantly. The cobalt debottlenecking project is aimed at increasing potential maximum cobalt produciton capacity to 40,000 tons per year by Q1 2019.
The date of the 1st hearing of the supreme Court has been moved to May 18, 2018.