Post by
mingzhu on May 22, 2018 2:49pm
PE is 2 in 2018, 1 in 2019 if JP Morgan is right
"At current prices, we estimate Katanga and Mutanda could contribute combined net income of more than $900m in 2018 and more than $2bn in 2019.”
i added another 10k shares today at 0.99 and will hold for 2 years.
Comment by
EVworld on May 22, 2018 6:06pm
In other words, if KAT gets a reasonable PE 10 in 2018 and 2019, the SP would be $5 and $10 respectively, not mentioning Cobalt price keeps going up based on the current forecast. The SP might breakout sooner than later. Good luck everyone.