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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 > MB Cobalt Price
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Post by Sogosohubidu201 on Sep 21, 2018 11:20am

MB Cobalt Price

MB cobalt price on Wednesday Sept 19, 2018 was $33.50 - $34.41 per pound bid, which was $73,800 - $75,800 per ton.  KAT cobalt is sold based on MB price that is more accurate than the illiquid LME cobalt price.  MB cobalt price is $13,000-$15,000 per ton higher than LME price currently.
Comment by InternalAudit68 on Sep 21, 2018 11:22am
This post has been removed in accordance with Community Policy
Comment by Sogosohubidu201 on Sep 21, 2018 11:26am
https://twitter.com/GenlithInc
Comment by InternalAudit68 on Sep 21, 2018 11:33am
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Comment by Sogosohubidu201 on Sep 21, 2018 11:46am
Yes, I still have buy orders at bids. My goal is to accumulate 1.4 - 1.5 million shares of KAT.
Comment by NewfNewf on Sep 23, 2018 1:58pm
you will own more than the insiders. That should tell you something. KAT has a very weak balance sheet. Lots of shares. I see a reverse split happening once it hits 10 to 20 cents. Then it will be a 2 dollar stock and it will then go back down to 20 cents. Be careful man with this one as never fall in love with a stock. Diversify into CMMC and some other copper plays before buying more of this ...more  
Comment by InternalAudit68 on Sep 23, 2018 4:56pm
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Katanga Mining Ltd Ord
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