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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 > $$$ new 52 week high coming $$$
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Post by Dkwinnng on Dec 14, 2017 11:54pm

$$$ new 52 week high coming $$$

Glencore Plc will double its production of cobalt in the next two years, tightening its grip on the market for the key battery component of electric vehicles.
The Swiss commodity giant’s Toronto-listed Katanga Mining Ltd. in the Democratic Republic of Congo will produce as much as 34,000 tons in 2019, Katanga said Monday. That compares with the 20,000 tons-a-year guidance Chief Executive Officer Ivan Glasenberg gave in August and could give Glencore control of about 40 percent of world supplies, according to current data.
I’m looking forward to seeing how much they’ve stock piled over the years !!
30,000 x 75,000+ wow this stock chart won’t stop climbing for years I don’t care what anyone says This is gold !!! Cheers longs

Comment by 69chevelleSS on Dec 15, 2017 12:25am
Yes Glencore will make lots of money on that mine. KAT only owns 13.7% of it....thats why the SP is where it is.
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