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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 DasuDasu1on Nov 12, 2019 7:25am
212 Views
Post# 30338631

RE:RE:RE:Guessing the Outcome

RE:RE:RE:Guessing the OutcomeAh, if there is a waiver, then the writing on the wall is even more clear.

This fills Glencore's coffers because the money from the RO will directly be used to repay Kat's debt, which is of course owed to none other than our favorite friend. Kat would still be distressed, overdiluted, and subjet to Glencore's whims after the fact.
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