OTCPK:KATFF - Post by User
Comment by
Katangaon Nov 06, 2018 5:01pm
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Post# 28933547
RE:Some Initial Analysis
RE:Some Initial AnalysisAlso Topdop, in an effort to find more positive, KAT had a fair amount of inventory left over from Q2, approx 750 tonnes of cobalt and 6000 tonnes of copper. So theoretically, we could see sales of approx 45,000 tonnes of copper and 2750 tonnes of cobalt. If we are lucky, revenue tomorrow would be in the order of 395M
Also, moving forward, As they stockpile inventory of cobalt, a portion of production expenses would be allocated to inventory increase and there might still be the potential for profitable quarters.
Time will tell.