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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 > Copper and Cobalt - KAT
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Comment by Sogosohubidu201on Jun 14, 2019 12:52pm
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Post# 29826722

RE:RE:RE:RE:RE:Copper and Cobalt - KAT

RE:RE:RE:RE:RE:Copper and Cobalt - KATEven I am off by $300 millions in my estimation, which is quite possible, considering that KAT has already generate 1,200 tonnes per month of salable cobalt or 14,400 tonnes per year, KAT should be free cashflow positive by the end of this year if the Ion Exchange Project is delayed again. That means that KAT can sustain itself financially while wait for the Ion Exchange Plant to complete and for copper and cobalt prices to rise. KAT already has financing in place to complete these projects.
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