OTCPK:KATFF - Post by User
Comment by
Lech1988on Apr 04, 2019 4:42pm
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Post# 29584320
RE:Here's likely what's happening & what we haven't been told y
RE:Here's likely what's happening & what we haven't been told yThere really is no evidence of this - the company has always been terrible at communicating good and bad. Also for all their faults I doubt Gecamines/the DRC government would allow Glencore to offtake Cobalt from their largest Cobalt mine at super unfair terms. In fact I can't see this happening at all. This would mean less royalties and tax revenue for their pockets and they specifically renegotiated the partnership with Glencore last year because they were extracting too much value from the company unfairly.
Also the vast majority of 'Cobalt" miners are still performing terribly. KAT is not the exception.