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Katanga Mining Ltd Ord KATFF

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

Comment by MrIcemanon Aug 07, 2019 2:14pm
108 Views
Post# 30003094

RE:Glencore's Comments on Katanga

RE:Glencore's Comments on Katanga
Lech1988 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.
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