Katanga Mining Ltd Ord KATFF

Metals & Mining Industrial Metals & Minerals

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.

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Katanga Mining Ltd Ord > meh 82.5, this will go higher

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Comment by Lech1988on Jan 14, 2019 10:57am

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Post# 29227628

RE:RE:RE:meh 82.5, this will go higher

Yes will likely be some profit taking by day traders who haven't actually looked at the financials of the company and know zero about the planned ramp (which is largely on track) and cashflow potential. Personally I see $2-3 range this year as conservative with a target of $10 when fully ramped in 18-24 months assuming cobalt doesn't tank.

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