Katanga Mining Ltd Ord KATFF

demand and supply forecast for Cobalt

[vad001]

Keep in mind that the deficit for Cobalt hasn't even started yet.

Next year the projected deficit is 7400 tons, 2019 9870 tons, and 2020 12000 ton deficit. and 2025 growing to 20000 ton deficit.   

Why would you sell a mining company who hasn't even begun producing cobalt at a time when the deficit for cobalt hasn't even started really touching the price.   The price this year is a reaction to the ANTICIPATED deficit.

[BCsilver]

I love the Cobalt story long term and plan to trade it for years, short term top is in thats all i'm saying. I have a basket of Cobalts all moving up in channels when they hit the top i sell and buy others at the bottom of the channel , rinse and repeat I'll be back in somewhere around a 50 RSI good luck!

[AlexMach]

Hmm, I don't know, its been overbought for more than a week a think but people still flock. I guess when robo traders do the trading they follow charts and certain algorithms. when individual people buy, they buy the long term potential and intangibles that robo analysts don't see. or maybe its just me. I bought mainly on the huge potential (high grade, huge reserve which to me is a big

[celtius]

As long as SP is above upper bollinger band no worry. My opinion is that some strong hands want to take it higher much higher before retracement. The way Trading finished today makes me believe there is still huge demand on the stock.we will see tomorrow.

[TrendSwapper]

I couldn't agree more, mostly based on the events that occurred after the news came out that the last several financial statements could not be relied upon. Any other stock would have been destroyed, but not KAT, they recovered the loss the very next day and have since gone up 50%! WTF! There is some driving force behind this movement and it isn't just the price/outlook of cobalt...

[BCsilver]

Staying above the bollinger bands is my biggest problem right now short term , did you know day 2 above has a 2.5% chance to close above and every day after the % drops fast we are at day 5 so less then 1% tomorrow, all time record for any stock is 7 but hey love to see a record set dyodd

[TrendSwapper]

Not sure why your comment received a star; you were right and down it went. Obviously this is also attributed to the drop in cobalt, but nevertheless your reputation does not deserve to be tarnished for calling this. 5 stars for you bud! Cheers