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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 > Balance sheet analysis
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Comment by Sogosohubidu201on Nov 22, 2019 11:30am
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Post# 30382551

RE:RE:Balance sheet analysis

RE:RE:Balance sheet analysisIt will not be difficult to get to 30 cents range, probably by the end of next year or 2021, with about $18 billions market cap. Glencore still leaves some debt in the KAT balance sheet instead of taking this opportunity to eliminate all debts for very cheap shares tells me that Gloencore may leave KAT alone for a while. It was huge stupid mistake being in this mess. It will also be stupid to sell at this level. It is better to just keep it and let the share price recover, and it will, while look for other opportunities.
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