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.

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Katanga Mining Ltd Ord > How Deep Losses Do You Have?

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Comment by topdopon Aug 15, 2019 3:35pm

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Post# 30033417

RE:RE:RE:RE:RE:How Deep Losses Do You Have?

No worries @Brandonrr all shareholders are equal & we all want the same end result; big or small holdings notwithstanding.

It's impossible to say what KAT may do. Note their GLEN debts still have a decent time fuse remaining. And now, instead of Provisional Pricing allowances in KAT quarterlies being negative (ie: lower realized Cu and Co prices at point of sale), these now are likely to be positive surprises going fwd.

There have been no updates as to "the Proposal" and I expect the company to stick to its loan terms as production picks up and hits full run-rate as well as higher realized metal prices.

And personally I think the ION exchange circuit is smoke and mirrors. I believe it won't happen and that more careful blending of input ores as well as concs produced can and will produce greater quantities of Co(OH)2 for sale that meet uranium content thresholds.

These are my views only. Thanks for reading.

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