OTCPK:KATFF - Post by User
Comment by
topdopon Jun 15, 2018 12:06pm
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Post# 28178175
RE:RE:RE:Glencore just disclosed KAT' expected gross revenue for 2019
RE:RE:RE:Glencore just disclosed KAT' expected gross revenue for 2019
Thanks @Sogo... totally agree on your numbers. And it's exactly the outcome I was predicting and awaiting. Why?
Nobody else can operate like Glencore (see my Seeking Alpha KAT blog post of 13 Jun 2018, 09:26 AM)... you've just gotta love operating in Africa!
https://seekingalpha.com/instablog/31295425-kvn/5043562-katff-huge-undervalued-opportunity-minority-shareholders-independent-directors-take-glencore?v=1528918784
And it's actually staggering to imagine what KAT might be worth at much higher Cu & Co prices (which I believe are coming).
When all is said and done, it's also clear that Kinshasa has decided to continue to embrace Glencore.
I've been in KAT for over 17 months now since the mid 20's (cents that is) and I'll be here for, and until KAT fully de-bottlenecks its Ops, produces gobs of H2SO4 credits, and operates Co & Cu at full steady-state.
The KAT & Glencore guys on the ground are extremely good at what they do as evidenced by the smooth and unfettered commission of the WoL mine & plant so there is no reason to doubt their capabilities going fwd to get all the above done.
For me that means maybe a couple more YEARS but my compensation at that point, should be measured in the $MILLIONS, rather than the pennies & pounds our daytrader colleagues are telling us they're making.
These are my views only. Thanks for reading.