OTCPK:KATFF - Post by User
Comment by
Gws0623on Jun 15, 2018 9:25am
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Post# 28176884
RE:RE:Glencore just disclosed KAT' expected gross revenue for 2019
RE:RE:Glencore just disclosed KAT' expected gross revenue for 2019Remember, KAT uses conservative Co and Cu prices of $25/lb and $6100/t for 2019 (from Apt 2018 43-101).
Some deductions are allowed. I imagine the big one is State royalties which is still a moving target. This deduction could be anywhere from the old 2% - $80m/yr to 3.5% for Cu and 10% for Co - $270m/yr.