Bullboard - Stock Discussion Forum Katanga Mining Ltd Ord KATFF

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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.

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Katanga Mining Ltd Ord > Great News For Katanga!!!

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Post by SchiffKnowsBest on May 08, 2018 9:25am

Great News For Katanga!!!

Looks like cooler heads are prevailing and they now have a month to hash out the deal. This is great news for Katanga and lets now move back up over the $1.

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Comment by Bullish19 on May 08, 2018 9:42am

Well, wouldn't call it great news. Could have been worse though. If anything it shows that the DRC is being less vicious (and stupid) than we thought they could be. The important point now will be MAY 11 with the UK case. Lets hope for a good result, or else we have no catalyst until mid June and the stock will flatline until then..

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Comment by iwiber12 on May 08, 2018 10:39am

If it's a great news, the current volume doesn't reflect it

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Comment by Brandonrr on May 08, 2018 10:41am

I am taking this as just a delay and we will likely have to wait until May 11 and then June 15 for any type of real movment in the stock unless an agreement is reached befor the court date

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Katanga Mining Ltd Ord