OTCPK:KATFF - Post by User
Comment by
topdopon Sep 17, 2019 11:11am
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Post# 30135343
RE:RE:Essential reading
RE:RE:Essential reading@Lech1988 no my "treble" is a base case from current levels & the 200 day m.a., so from 50(ish)c back up to around $1.50. And as I said, in my opinion, now is not the appropriate time for GLEN to be sellers; not yet anyway. I think they will want to see Co at around $45k/t and stable, steady state ops at KAT. Thereafter - and the wildcard - can GLEN be sucessful coinvincing the US DoJ to keep it in place in Central Africa as a US proxy to bar the Chinese from finally controlling virtually all of the value chain in Co (from resources in ground, to profits through mining, to profits through commercial applications and manufacturinig (EV, batts etc)).
The US seems ready to talk to the Aussies and Canadians about Rare Earth metals, another strategicially important sector they feel squeezed on, so why not work with GLEN and its African Co aspirations?
These are my views only. Thanks for reading.