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Katanga Mining Ltd Ord KATFF

Katanga Mining Ltd, through its subsidiaries, is engaged in copper and cobalt production activities in the Democratic Republic of Congo (DRC). Specifically, the company explores and develops properties with potential copper and cobalt yields operate mining and processing facilities that produce copper and cobalt and holds a portfolio of other mines that may be developed in the future.


OTCPK:KATFF - Post by User

Comment by Katangaon Nov 06, 2018 5:01pm
153 Views
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.
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