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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 to Equity and Dilution
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Comment by stockhunter20001on Jun 14, 2019 9:34am
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Post# 29825850

RE:Debt to Equity and Dilution

RE:Debt to Equity and Dilution
The only option that will make debt to equity benefitial to Glencore, is to release new band of preferred shares or shares with higher privilages to Glencore that could pay dividends to them only. This will not dilute our shares, but will kill us on the long run as they will suck all the profits out KAT through the new class of shares. Now, will Ontario Securities allow that?
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