Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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.


OTCPK:KATFF - Post by User

Katanga Mining Ltd Ord > debt for equity, dilution and reverse stocksplit
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(13)
•••
Comment by Lech1988on Jun 13, 2019 2:38pm
78 Views
Post# 29823426

RE:RE:RE:RE:RE:RE:debt for equity, dilution and reverse stocksplit

RE:RE:RE:RE:RE:RE:debt for equity, dilution and reverse stocksplitKAT is still currently paying the interest on the loans at the moment no? I’m sure this was an item on the quarterly report. I don’t think interest accruing now is being recapitalised. 

The issue I see with the rights issue is wouldn’t that basically be Glencore providing cash to KAT to pay back the outstanding interest to themselves? All GLEN would be left with is more shares in KAT and more cash would be out the door.  
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities