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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 > PE is 2 in 2018, 1 in 2019 if JP Morgan is right
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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.  
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