OTCPK:KATFF - Post by User
Comment by
MrIcemanon Aug 07, 2019 2:14pm
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Post# 30003094
RE:Glencore's Comments on Katanga
RE:Glencore's Comments on KatangaLech1988 wrote:
Glencore's earnings call states that once Katanga gets to steady state it will be making $1.3 billion EBITDA (1.73 billion CAD)
Do the math where the stock should be trading
Yes, KAT is a CAD 2 stock all day long, and by 2021 the stock should be trading around CAD 10. These are very conservative figures.