Katanga Mining Ltd Ord KATFF

Writing on the wall

[johnny54]

I ask you how are you so sure of this writing on the wall? All the projections all the predictions all the estimated production/sales/pricing/execution/ etc etc it’s already out. All the numbers are there everyone knows what they will produce what they are going to make so how will this price sky rocket if everyone is already aware? What is the logic? The numbers are no mystery I see about 10 different ppl give them in their own version so please explain why we continue to go down? And in your opinion worst case scenario if they hit their targets but pricing drops from over supply or alternatives introduced then we’re will we be in just 4 months? Because if this forum became the truth looks like we’re all getting rich in 2019 but nothing is indicating that at the current point in time. And yes we’re in the summer time. No activity summer time blues etc etc. Amazon isn’t going down lol stocks are still increasing so why not kat

[Sogosohubidu201]

Hi Johnny, Many good questions.  The answer is that the market is not always efficient.  This is particularly true for companies lack of analysts following.  KAT does not have any analysts following at all.  But I think that they will start to show up in 2019. KAT reminds me my first big gain in the stock market. It is a company called Talk America (TALK). I estimated that

[johnny54]

So my only question would be though what made the stock go to 2.82 this year? Because our current situation I’m sure it was better than that time is it not?   Also you don’t think Glencore  being our majority shareholder by a long shot will help them control and manipulate our SP

[Sogosohubidu201]

For your 1st question, I don't think that the stock will go to 2.82 for the remaining of this year, which may likely be the achievable target by the middle of next year.  I think that the share price may remain weak for the next 2-3 months until Q3 coming out, after that share price should recover gradually, particularly after the 2nd train commissioning. So, it will be great buying