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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.


OTCPK:KATFF - Post by User

Katanga Mining Ltd Ord > whats the reason for the big selloff today?
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Comment by Lech1988on Nov 07, 2019 10:25am
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Post# 30320984

RE:RE:RE:whats the reason for the big selloff today?

RE:RE:RE:whats the reason for the big selloff today?100% correct.

TBH I am shocked the price has not collapsed though.

Also remember they are trying to raise a certain amount of money to pay off the debt.  If the price tanks the 15:1 rights offering ratio could get much much worse.  I dont expect many minority shareholders can afford to take this up.   
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