OTCPK:KATFF - Post by User
Post by
DonDeanoMarcoon Jun 21, 2018 7:15pm
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Post# 28209522
End result of settlement
End result of settlement
Katanga shareholders total debt increased by 1.4 billion. If the stock were trading at $2 this would have reduced the share price to: $1.26/share. So that is what the stock share price should be worth, but this doesn't include the price of cobalt the one time payment of 150 mil to gecamines. So the stock should be trading pretty much where it is $1.11. We are where we are supposed to be. Now you have to figure what cobalts price is going to be. If you think it will continue to go up then the stock is a buy.