OTCPK:KATFF - Post by User
Post by
topdopon Apr 04, 2019 3:07pm
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Post# 29583694
Here's likely what's happening & what we haven't been told y
Here's likely what's happening & what we haven't been told y
Sorry folks.
This looks more & more like the increasing risk here to us KAT minority shareholders - and IN THE ABSENCE OF EXPORT CLEARANCES for all of the radiometrically tainted, and future produced Co(OH)2 - is that Glencore simply instigates a "forced negotiation" with KAT, and because of our current large NEGATIVE CASHFLOWS, from this point, KAT will be contracted to provide all said Co(OH)2 to Glencore on Take & Pay contracts under very unfavorable terms. This would be a classic Glencore trading move. They have the capital to own it now - and wait for the export later - no product moves anywhere - and we get cents on the $ and have all that potential upside removed from our exposure.
These are my views only. Thanks for reading.