Katanga Mining Ltd Ord KATFF

what will this thing require to move

[johnny54]

best numbers Kat has put out production wise on current project
cleared all problems surrounding productionin congo
has shown it is on pace to hit targets if not pass them
goverment issues put to rest in congo at the current time
glencore produces record profits although still have a little bit of bad media which they will handle

issues
trade war? trump being an idiot
metals slightly down?
they do business in congo?
debt which these companies for tax purposes?
is Glencore ever going to let this become  succesful stock or is it always going to be the fall guy?

still confused how the stock was in and around the 2 dollar range for about 3 months prior to a huge drop off everything has been corrected fixed and even enhanced and stays under .90

really it comes down to when the big players want to pump and dump this stock again like the day it rocket shipped up to 1.55 from .88 the day before.

or they are going to discover a substitute for or remove cobalts need in EVs next year when this is predicted to hit 3 bucks

owner of 300 000 shares at 1.31
it would be nice if when people post the behonest with their position also

IMHO

[stockhunter20001]

Johnny54, I am in the same boat as you are, 395000 shares at 1.35 AVG SP.

[Kidlaw1]

It will be nice if there was a precedent, a company that was similiar to Katanga... Dominant player in growing market Always on time with deadlines On track for mad cash flows But: Some skeletons in the closet Recently placated major shareholders But still... mad cashflow....  My postion is 10% of what you guys have at AVG 1.07, I don't feel so bad now :P

[InternalAudit68]

This post has been removed in accordance with Community Policy

[topdop]

@InternalAudit68 here are my stats: I've made a total of 57 trades; My first was in Jan 2017, my last was yesterday; Lowest Buy was $0.27; Highest Buy was $2.25; Lowest Sell was $0.42; Highest Sell was $2.69; and I am presently holding 406,670 shares at a cost of $405,221.00 so my AP is $1/share. These are my views only. Thanks for reading.

[Brandonrr]

You must have balls of steel to watch this stock bounce around like it does. Your post history seems to be focused only on KAT which make me think you have almost everything invested in KAT...

[topdop]

@Brandonrr you couldn't be further from the truth. B*lls of steel, ha, maybe! It is my experience that one has to have a very solid and consistent approach to achieve goals & make the real money. Where KAT is now is irrelevant to me outside of the fact it might present more buying ops, (27k more shares bot just yesterday at 81c), but I'm really more interested in where KAT will be in 6

[Brandonrr]

Fair Enough...makes sense to me....I am new to trading so I appreciate your posts as they are very infomative. It just struck me as odd that you had such a large amount invested in one stock as this is all I could see researching some of you bullboard history...just trying to learn and nothing more really. Cheers

[InternalAudit68]

This post has been removed in accordance with Community Policy

[Sogosohubidu201]

@topdop, You have ability to accumulate more KAT. How about triple your position to 1.2 million shares? No gut, no glory. I picked up 5k shares more today.

[topdop]

I'm on the Bid this morning...

[topdop]

@Sogosohubidu201 ...yes but with some caution. My actual target is 500k shares total by Canadian Thanksgiving. After being on and off the Bid all day long, I finally got filled another 10k shares this afternoon at 78c. Will continue to buy here and there on weakness subject to my own Macro/Cu market views. These are my views only. Thanks for reading.

[Sogosohubidu201]

@topdop, your patient paid off. You got better pricing than me.  I bought 15k shares at 0.79 yesterday. 

[topdop]

One has to have patience in this market @Sogosohubidu201. Nobody has a crystal ball and the Chinese seem to have "Weaponized Cu" * in reaction to "Trump Tariffs": Starting mid-June, the Cu price collapsed under a sustained onslaught of selling sparked by the liquidation of a massive long position in China and into thin summer trading causing prices to fall and inspiring others

[Lech1988]

Just curious if there are any comparable companies operating in the DRC so we can ascertain a reasonable P/E ratio for KAT?  I see numbers like $10 getting thrown around as a price target but how do we get to that number? China Moly P/E would be comparable?

[Sogosohubidu201]

China Molybdenum (CMCLF) PE may be comparable since 85% its earning comes from its DRC Tenke Fungurume mine.  CMCLF is currently traded at PE 11.5.  It was at PE20 early this year.  The share price was cut by half in the last few months.  By the way Tenke Fungurume mine C1 cash cost was negative $1.08 (-$1.08) per pound of copper for the first half of 2018.  Therefore KAT