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 > ToTal Capital Expendure and Commitments of $182.9 m

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Comment by Sogosohubidu201on May 27, 2019 12:34pm

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RE:ToTal Capital Expendure and Commitments of $182.9 m

At the current cobalt price ($34,000 per tonnes) and copper price (about $6,000 per tonne) as well as 35k tonnes of cobalt and 285k tonnes of copper next year, I see $1 billion USD of free cash flow for KAT next year. Sustaining capital expendure may be around $185-$190 millions next year.
However, share price should rise when Q2, Q3 and Q4 results are out this year because of big improvement financially.

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