OTCPK:KATFF - Post by User
Comment by
patels96on Jun 15, 2018 11:45am
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Post# 28178019
RE:RE:RE:RE:Glencore just disclosed KAT' expected gross revenue for 2019
RE:RE:RE:RE:Glencore just disclosed KAT' expected gross revenue for 2019Its not the fact that no one is listening...its just the news came at a very unopportunistic times (when Trump slapped 50 Bil worth of Tariffs, and the markets are reacting negatively).
Cu is down quite a bit, based on the fact that the trade war between the US/China will hurt Chinese demand for Cu. Regardless, Cu is still poised for growth and the DRC is a great place to get Cu at higher grade (given the declining grades in other parts of the world)
KAT just underwent a significant de-risking of the its operations in DRC...and this is very positive for KAT (remember the debt for equity is NON-DILUTIVE)
Best,
Katanga Shareholder