Post by
Newcoins on Nov 23, 2017 12:54pm
SCAREDY KAT'S ARE OUT
Looks like the majority of the short sighted investors have sold and moved on. This company is one of the only Cobalt plays that can generate real revenue in a reasonable time frame. All the other Junior Cobalt plays are far from production. Glencore is the second biggest producer of Cobalt, they know how to get mines up and runnning and make a profit doing so. This company has strong fundementals, with estimated yearly production of 300,000.00 tns of CU and 22-30,000.00 tns of CO, with a looming CU deficit, and rising CO prices, and a very robust demand for both... This is truely the BEST Cobalt play in Existance. LET ME RESTATE AGAIN BUY ON BAD NEWS!!
Comment by
patels96 on Nov 23, 2017 1:02pm
Well Glencore is the biggest Cobalt player in the market..... In 2018 Katanga is going to produce 150,000 tns of Copper & about 11,000 tns of Cobalt In 2019, this will ramp up to 300,000 tns of Copper & about 22,000-25,000 tns of Cobalt (with the capacity to produce 30,000 tns of Cobalt) Best, Katanga Shareholder
Comment by
Newcoins on Nov 23, 2017 1:10pm
@patels I thought China Molybdenum was the biggest Cobalt player in the market? And yes I like those numbers!
Comment by
Mole101 on Nov 24, 2017 1:37pm
Nope... many of us sold in the 1.20s and reposition three days later at .80/.90 , as you should have taken the discount on the bad news ... fcc, ecs, ngz , nmx all are good plays too... but don’t loose site of companies looking mining and working with “graphene”.. they are the next stage on batteries ;)