OTCPK:KATFF - Post by User
Comment by
Sogosohubidu201on Sep 25, 2019 4:33pm
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Post# 30164511
RE:Analyst says tighter cobalt market swings sentiment
RE:Analyst says tighter cobalt market swings sentimentI do not agree with Rawles comments on Katanga mining. While it is true that Ion Exchnage will not come online until the middle of 2020, Katanga mining is going to produce 1,500 - 2,500 tonnes of cobalt per month in H1 2020 and 90-94% or higher of the produced cobalt will be salable meeting the uranium specs with the phosphoric acid method per Q2 Glencore conference call. Yes, there will be Katanga cobalt production coming in H1 2020. Obviously Rawles did not listern to the Glencore Q2 conference call.