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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Comment by Lech1988on Apr 30, 2019 12:41pm

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Post# 29689374

RE:RE:More questions than answers

Let's not pretend anyone has any real idea as to what is going to happen with KAT. No one really knows Glencore's plans or why there is still a listing. Buying the rest of the shares would be a rounding error for Glencore yet they don't do it. Even if they do no one has a shred of real evidence as to their prediction of the buyout price (but it won't be close to 4-5 CAD which seems to be a reasonable price should this thing actually sell/export full production).

All we know for certain is that if EV's continue to ramp up at this pace and KAT can't sort their cr*p out the cobalt market is going to rapidly go into a deficit. 30kt of average annual production is an enormous volume to pull from the Supply/Demand balance of the market.

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