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 Lech1988on May 28, 2019 6:10am

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Post# 29776945

RE:RE:ToTal Capital Expendure and Commitments of $182.9 m

Yes there should be an improvement in the financials if Cobalt exports commence again in 2Q but remember a Provisional Price Adjustment due to lower Copper pricing will dampen any improvement in revenues.

Honestly it’s easy to put together basic models to determine assumed free cashflow but there are way too many unknowns and random variables with this company for them to be accurate. Remember we don't even know what the new production estimates are (we should get them in 3Q). I don’t expect them to be dramatically different (likely just longer ramp up to full Cobalt production) but honestly who the hell knows.

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