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Bullboard - Stock Discussion Forum 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 Discussion

Katanga Mining Ltd Ord > Glencore's own Announcements about KAT
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Post by topdop on Nov 20, 2017 10:38am

Glencore's own Announcements about KAT

Glencore's own Announcements about KAT state that: The adjustments arising from the Review do not have a material adverse effect on the consolidated income, financial position or cash flows of Glencore. They also emphasises that Glencore does not expect any change in the anticipated timing for the commissioning of the Whole Ore Leach project at Katanga. VERY IMPORTANT pieces of information in my opinion. These are my views only. Thanks for reading.
Comment by Dkwinnng on Nov 20, 2017 11:23am
I’d say we have two days to get in before this stock starts a huge increase and new 52 week high $$ it is very likely an update on opening day comes by the end of the week!!! Blue sky’s ahead 
Comment by topdop on Nov 20, 2017 1:29pm
Agreed #Dkwinning. Note the tone of the Press might also now be turning? Folks are finally recognising Glencore's failings and innumerable non-compliance(s) and secret dealings here and historically. https://www.standard.co.uk/business/glencore-tycoon-humiliated-over-accounts-fiasco-a3695791.html   "Humiliation" seems a good descriptive of how we should quite rightly ...more  
Comment by Kidlaw1 on Nov 20, 2017 11:24am
I read that too.  Thats the most important part of all this. I think people are bothered that the date is not set yet and KAT has some management issues.  I dont blame then.  The fundamentals are still there, glencore is heavily invested in this project, but the trust between the company and shareholdees is not there. And wont be for several months or until they abnounce the ...more  
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