OTCPK:KATFF - Post by User
Post by
napshoton Aug 01, 2018 1:33am
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Post# 28395874
Production
ProductionH1 production looks positive. 63292 tons copper cathode, 2954 tons cobalt in hydroxide. Will need to continue to ramp production to hit 2018 targets of 150k and 11k respectively - 87k Cu and 8k Co for H2. Hope the prices transacted were good. At spot prices this would have been worth ~$650M Need to watch capital expenditures though. Additional capex of US$237M for sulphuric acid plant spread across 2018/2019 is good news for increasing reliability of a key refining ingredient, but is no small change.