Katanga Mining Ltd Ord KATFF

RE:RE:RE:RE:RE:RE:RE:RE:Welcome to 2019 - Just picked up 14K shares of KATFF at 0.36

[bobsacramento]

God just wrong, plain wrong!

Kat is leveraged to cobalt only if prices exceed 80k, at fixed copper prices. Katanga produces mainly copper with cobalt as a by product.

Kat politics: Kabila provides stability even if he’s corrupt AF. What most people don’t realise, is that every country including first world, politicians get paid. The only difference is the means ie. whether I use a super PAC/non profit/corporate lobby to get the money vs explicitly just taking the money. So far, the royalty rates in the DRC, are still much lower than other major producers including Chile, Australia, etc.

 war is in any no ones interest and as long as the politicians are paid, they will use the state arm to ensure stability to get their money. Money will avoid civil war. 

Kabila provides stability and via his own statements has not found anything wrong with Glencore (this after Gecamines and him have been paid) Like any politician, he just wants his cut

Copper is going to take off once the trade war settles (which it will) China and Trump both have too much at stake to lose. Most of this is investor emotional perception than actual fundamentals.  This combined with a supply deficit and increasing EV demand plus infrastructure spending (which hasn’t been getting the spotlight but is a dire need for the US), will eventually see copper soar past 3.00 if not 4.

i challenge any of you to come up with reasons why copper won’t soar past it’s current weak prices. Aging mines, declining ore grades, will require investments into new mines which in turn require higher prices to justify funding. So far that hasn’t happened. It’s a matter of time!