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 > More questions than answers

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Post by topdopon Apr 30, 2019 11:07am

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Post# 29688621

More questions than answers

Glencore has "unveiled a review at the Democratic Republic of Congo (DRCs) Katanga Mining operations, a subsidiary company which is listed in Toronto. The review, aimed at improving the quality of its copper product and lowering costs, would be finalised in the third quarter of the current financial year".

www.miningmx.com/...

So the big question the BoD should be asking is: why on earth retain the KAT Toronto listing?

It requires large, unnecessary Toronto overhead;

It requires large, unnecessary Toronto & Swiss legal (for OSC compliance) = the thing GLEN/KAT used to simply ignore;

And the Canadian PR crew? They are ineffectual and should have been fired 2 years ago...

Yet another question for the BoD at tomorrow's AGM.

These are my views only. Thanks for reading.

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