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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 Lech1988on Feb 07, 2019 11:20am
83 Views
Post# 29332289

RE:Cobalt reserves

RE:Cobalt reservesWell given KAT's history and the utter sh*t show that was 2018 I can't blame investors for wanting the revenue to be realised and reported in an audited financial release before making a judgment call on the stock.  The DRC is way too uncertain a jurisdiction to  just "assume" all will be fine and that they will be able to unload circa 30kt of Cobalt (a good slug of the entire worlds production) in a years time with no issues or punitive cash grabs from the government. 
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