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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.


OTCPK:KATFF - Post by User

Katanga Mining Ltd Ord > what is the wait for??!?
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Comment by Harley73on Jun 21, 2018 4:35pm
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Post# 28208702

RE:RE:what is the wait for??!?

RE:RE:what is the wait for??!?
topdop wrote: ...well I don't think it's the World Cup keeping everyone away! What do traders know about football in Canada and USA? Very little, that's how much.

It is the much awaited settlement of the Gecamines deal. The PR was released on Jun 12, 2018, 13:41 ET...

https://www.newswire.ca/news-releases/katanga-mining-announces-settlement-of-drc-legal-dispute-with-gecamines-and-agreement-for-the-resolution-of-kcc-capital-deficiency-685272411.html

... and it states clearly in the 2nd paragraph that "These proceedings are expected to be completed on a date within the next two weeks (the "Closing Date")."

So, frankly, everyone still seems to be waiting for one more Glencore/KAT PR.

These are my views only. Thanks for reading.


It's a thing apparently.
https://qz.com/1303227/prepare-for-stock-market-weirdness-when-these-teams-play-in-the-world-cup/

KAT is traded on the TSX, but the company is in Africa, and the parent company is in Europe, so yeah, I think that this does have an effect.

Hell, I spent my lunch watching the Crotia game instead.
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