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 > Glencore just disclosed KAT' expected gross revenue for 2019

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Comment by topdopon Jun 15, 2018 8:38am

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Post# 28176630

RE:Glencore just disclosed KAT' expected gross revenue for 2019

** CORRECTION **

Sorry, my mistake: the Royalty is paid "quarterly at a rate of 2.5% of 'net sales' from the KCC mine" rather than gross revenue as I previously stated.

It still means we can work out easily the expected "net sales" for KAT for 2019 as disclosed by Glencore.

These are my views only. Thanks for reading.

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