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Katanga Mining Ltd Ord KATFF

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.


OTCPK:KATFF - Post by User

Comment by topdopon Jun 15, 2018 12:06pm
113 Views
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.
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