OTCPK:KATFF - Post by User
Comment by
topdopon Jun 22, 2018 12:27pm
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Post# 28213690
RE:RE:Glencore up 4%
RE:RE:Glencore up 4%
No thanks, not yet @internalaudit...
I would rather wait and see our OSC issues settled, all the KCC ops in steady state production and our as yet unknown DRC tax matters properly accounted for with ongoing quarterly balance sheet results AND THEN command a BIG PREMIUM given that (by this time ~ 2020?) we will be massively supported by the robust long-term outlooks both for Cu & Co prices and of course EV adoption.
That's not to say mining deals aren't happening now again, they finally are. Last week we had South32 buying Vancouver's Arizona Mining for C$1.3 billion (a 50% premium) and Orion offering C$537 million for Dalradian (a 62% premium).
Different commodities yes, but mining deals allthesame.
These are my views only. Thanks for reading.