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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 topdopon Dec 10, 2018 3:07pm
142 Views
Post# 29093225

RE:RE:RE:RE:RE:RE:RE:RE:RE:what exactly is the "supply chain" in this case??

RE:RE:RE:RE:RE:RE:RE:RE:RE:what exactly is the "supply chain" in this case??
@bigguy56 kindly read this which I posted a while back. It talks about dealing with the Press and African Ministers that call "Press Conferences" and/or release PR's from time to time playing (local) politics at (foreigners) expense. Google the phrase "Press Stringers" if you don't know already what those are (= in my experience, freelance sharks to be avoided). That prior statement below is why I categorized your quoted "Press Release" as "NOT News": here is what I said:

https://www.stockhouse.com/companies/bullboard?symbol=t.kat&postid=29041810#FVeZQ8t8sfdiLmZp.99

I offer this olive branch to you to take as you wish. Those statements of mine have not been made from a vacuum; they come from personal experiences and capacities as a Mining Executive over a number of years personally dealing with ALL the Newswires, internationally, from Print, Periodicals, On-Line as well as TV. I have also, for my sins, been interviewed on BNN in Toronto (live television) on three different occasions, each being, and in particular, specific to prior experiences and events on the Central African Copperbelt. And in dealing with the Press, don't take my word, but know, however, that I am sufficiently experienced, to talk to this topic having personally managed information in these domains and comprehending exactly when it was, time and again, that I found my company the target of SOMEONE ELSE'S STORY with their interest in me mysteriously disappearing just as quickly as they could superimpose their adgenda right on top for their final copy. Seen it time and again.

I hope you agree, we're all big boys and girls here so take it or leave it; I'm easy either way.

For your information, I've been posting here on KAT without melodrama, (as well as over on my Seeking Alpha KAT Blog) for almost 2 years now and I do think we all have the same goal in mind: for a tidal wave of EV to succeed and for KAT to explode in value, once again.

Lastly, I don't support the "conspiracy theories" that are flying around WRT the Radiometric tainting at KAT's Co production. I am an Engineer and one very familiar with these orebodies and this belt. There is a much more simple explanation to all of this: as I have stated before, the problems here likely came from A RUSH TO PRODUCTION. You surely know this from your own experiences in Northern Ontario and elsewhere - when Construction Teams hand over to Commissioning Teams and they in turn hand over to the Production guys, oftentimes, these Teams are pushed and pushed so operate under massive pressure. It's that pressure and that rush to produce $$ that likely got KAT offside. Simple. Production Production Production and likely at the expense of full and complete prior Production Drilling and at the expense of appropriate and complete Ore Blending. Uraninite is common in these orebodies and the Mine Managers can, and should do a better job of segregating the various ore types such that Ore Blending prior to processing can be more completely controlled.

Good luck to you, whichever way your pecker points.
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