OTCPK:KATFF - Post by User
Post by
Sogosohubidu201on Jul 31, 2018 12:36am
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Post# 28389331
Phase 2 of WOL Project is on Schedule
Phase 2 of WOL Project is on SchedulePer Q2 numbers, Katanga Mining and Glencore have been operating the train 1 of WOL project very well, achieving the name plate capacity. Poduction of copper and cobalt should increase Q by Q for the remaining of this year and going forward into next year. The constructioin of train 2 of WOL project is also right on schedule, to be completed in Q4 this year. Katanga Mining will achieve 40K tons of cobalt capacity in Q1 2019 and 300K tons of copper in Q4 this year. 2019 will be huge year for KAT in terms of earnings and share price. It is amazing that the market is so insufficient, as such provides great opportunity for people who know to gain huge profit for the remaining of this year and next year.