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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 > I hate to say it but...
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Comment by Lech1988on Jun 20, 2019 8:18am
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Post# 29843278

RE:I hate to say it but...

RE:I hate to say it but...
I wouldn't say screwed...Glencore will just need to roll the debt forward.  Over the life of the mine they would easily be able to pay back the debt but right now without the cobalt sales the mine is not cash flow positive. It will require allot of patience. 
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