Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 bobsacramentoon Jan 10, 2019 12:46am
134 Views
Post# 29210562

RE:RE:Results today

RE:RE:Results todayYou were right, I foresaw either a Tshisekedi or Fayulu win. Shadary didn't stand a chance. The real win is for a peaceful transition, and a coalition government. Found a good article from the mining journal about their base case scenario predictions. 

https://www.mining-journal.com/partners/partner-content/1352840/likely-shadary-win-in-dr-congo-threatens-further-squeeze-on-miners-profits

Excerpt from the article: 

Furthermore, Tshisekedi is the more probable of the two opposition figures to take up a position in a coalition government. He has spoken out against the more onerous terms of the Mining Code, despite also wanting to maximise mining revenue for the Congolese people.

Tshisekedi would likely revisit the code changes to be more favourable for miners, or temper the FCC moves to increase strategic mineral royalties. While the level of influence he can wield in a coalition government is debatable, Tshisekedi would be more likely to introduce investor-friendly measures, including scaling back on mining code changes, likely reintroducing stabilisation clauses and prioritising existing plans such as Inga III to provide a secure energy supply for mining. For mining regulation, his incorporation into government could offer a welcome relief.

Once again, these are all predictions, and this reflects most of the limited info I found on Tshisekedi and his positions on the mining code. 
<< Previous
Bullboard Posts
Next >>