OTCPK:KATFF - Post by User
Comment by
topdopon Nov 18, 2018 2:26pm
162 Views
Post# 28991576
RE:RE:RE:WTF, 47 cents?
RE:RE:RE:WTF, 47 cents?
Cheers #Sogosohubidu201 (one day you need to tell us mortals where that handle derives: its a cracker!).
I agree, we may be dredging the bottom presently. Which encourages me. It means I know I can still buy cheap shares. But I'm cautious now, as I also think we will next retrace back to about $1.25 Again, good.
But then it might be all up to Trump, Tarrifs, Commodity prices, the US$ nevermind KAT's own internal issues.
How's your Purchase plan progressed? I recall you had targeted owning +1 million shares. No?
KAT now needs to show it can string 2 or 3 quarters together. Notwithstanding the ion exchange circuit build (US$25 million) and delayed Co REVENUE (not Production), its obvious to me that fixed expenses have already come under much tighter control. Don't forget we also have a H2SO4 circuit coming on stream and that's going to materially improve, further, our C1.
Commentators have talked how KAT and its metals production has a great sensitivity to Cu price meaning revenues are leveraged to same.
Next year is going to be awesome. 2020 is going to be even awesome(er).
These are my views only. Thanks for reading.