Katanga Mining Ltd Ord KATFF

RE:RE:Katanga Mining Announces 2019 Fourth Quarter and Year End

[Sogosohubidu201]

Also, from Q1 this year, interest charge will be reduced by about $90 millions USD per Q.  If Q1 this year is not profitable becasue the impact of coronavirus in China, Q2 should be profitable.  The 2nd half of this year should really reflect the potential of this company. The profit should be big. There may be good chance to see 30-40 cents share price toward the end of this year or early next year, and 50-60 cents toward the end of next year. I also think that momentum traders will come to this stock after KAT shows big earning.  If so, the share price could shoot up high, much higher than 50-60 cents because of very low float late 2021 and 2022.  Glencore had burned minority shareholders badly, but some shareholders here may be able to get out profitable in 2021-2022, and hopefully Glencore will not take this stock private before then.