OTCPK:KATFF - Post by User
Comment by
bigguy56on Aug 02, 2019 10:28am
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Post# 29988112
RE:RE:RE:RE:Glencore 2019 Half-Year Report - KAT Related
RE:RE:RE:RE:Glencore 2019 Half-Year Report - KAT Related
I posted some time back that I thought that the end-game for Glencore might e to sell KAT as when the capital investments are complete it will be a known quantity and worth something. But I do not believe the valuations that are posted here... $2.00 a share?? Given their debt load and the uncertainty around copper and cobalt pricing it is likely impossible to properly valuate the stock. I think the debt load is crushing..