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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.


OTCPK:KATFF - Post by User

Katanga Mining Ltd Ord > Eurasian CEO "very confident" cobalt price bottomed out
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Comment by Cassius1977on Mar 27, 2019 7:51pm
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Post# 29545398

RE:Eurasian CEO "very confident" cobalt price bottomed out

RE:Eurasian CEO "very confident" cobalt price bottomed outWell we'll see.  He is the same guy that said high prices were here to stay and would go higher in 2019 so.............not a perfect track record.

https://www.eurasianresources.lu/fr/news/metal-bulletin-‘cobalt-boom’-here-to-stay-in-2018-as-ev


  I have to say,  It seems like battery metals are unsustainably low.  Lithium, cobalt, copper, nickel not at high enough levels to incentivize new supply,  this,  despite a boom in demand.  Somthing has to give.  LME nickel warehouse stocks have been in freefall for over a year without the price barely budging and nearly everyday setting a new 5 year low.  LME copper sits near 5 year lows too.........same thing.  
  It looks like a metals spike is coming, time will tell.
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