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Bullboard - Stock Discussion Forum Katanga Mining Ltd Ord KATFF

Metals & Mining Industrial Metals & Minerals
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 > 3% down
View:
Post by SAM1492 on Aug 09, 2018 2:13pm

3% down

I thought the q2 report was good news all around. 
Why are we down 3%  today. 
Am I missing something why are people selling off. It should be a buy buy buy kind of day? 
It’s a good company with solid potential .

can anyone shed some light?
Comment by Brandonrr on Aug 09, 2018 2:27pm
Look at the Price of COBALT over the last month. Its diving down.
Comment by patels96 on Aug 09, 2018 2:31pm
You do realize that LME Cobalt is not what KAT uses right Its the LMB Low Grade Cobalt Prices....which is around $38/lbs
Comment by Brandonrr on Aug 09, 2018 2:34pm
nope didnt know that new to this investment but thanks for the information
Comment by stockhunter20001 on Aug 09, 2018 4:13pm
KAT cobalt is low grade!?!? What is the cobalt LME price in USD and what is the cobalt LMB price in USD now?
Comment by SAM1492 on Aug 09, 2018 2:33pm
Why then (fcc) is up 6.35% today and (CCW) is up 1.49%  they also sell covalt and are much smaller producers.
Katanga Mining Ltd Ord