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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 > Glencore's Comments on Katanga
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Comment by topdopon Aug 07, 2019 8:37am
105 Views
Post# 30000932

RE:RE:RE:RE:Glencore's Comments on Katanga

RE:RE:RE:RE:Glencore's Comments on Katanga
Thanks for the updates @Lech1988.

Cobalt is already reacting: today's LME 3m is US$28,300/t vs US$26,000/t yesterday after GLEN putting Mutanda into temporary care & maintenance (year end).

Given that and with Glasenberg's significant validation of expected EBITDA from KAT once at steady state, expect KAT shares to scoot rapidly back to ~70c.

These are my views only. Thanks for reading.
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