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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 > GLENCORE BUYBACK AND THE KAT UNDERVALUE
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Post by katangan18 on Jul 06, 2018 6:00pm

GLENCORE BUYBACK AND THE KAT UNDERVALUE

When GLENCORE start to initiate the buyback worth $1bn, is KAT could be a part of the pie? No matter what the price at LME this does not affect KAT production due to the huge volume of COBALT under ground plus its capability to refine the minerals. Comparing with other mining company and their share value, KAT is very undervalued.  

Comment by 60606060 on Jul 07, 2018 11:44am
If Glencore spent 10% on a buyback of KAT shares, that would be encouraging and a confidence builder for DRC companies. Boom! back above $2.00.
Comment by katangan18 on Jul 07, 2018 11:43pm
When GLENCORE start to initiate the buyback worth $1bn, is KAT could be a part of the pie? No matter what the price at LME this does not affect KAT production due to the huge volume of COBALT under ground plus its capability to refine the minerals. Comparing with other mining company and their share value, KAT is very undervalued.   As stated in this aticle (https://ca.reuters.com ...more  
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