Katanga Mining Ltd Ord KATFF

Results today

[Katanguero]

At 5:00 PM Toronto time, the CENI will present the results of the election. Ibthink Tshisekedi will win the election, and talk to Kabila for a pacific transition. Would be the best scenario

[bobsacramento]

I’m not sure how accurate this statement is. Every candidate has been claiming that they are ahead in the polls. Even the meetings between Kabila and Tshisekedi aren’t confirmed and Kabila ‘s Rep denied any meeting. Fayulu or Tshisekedi IMO once CENI releases. 

[bobsacramento]

Fayulu is the best outcome. Tshisekedi has no plans to change royalties or the onerous taxes.

[Katanguero]

For me any candidate guaranteeing a pacific transition is welcome. If modify the miner code, much better

[Katanguero]

I told you a month ago and today: Felix Tshisekedi won, and is the best option for a pacific transition

[bobsacramento]

You were right, I foresaw either a Tshisekedi or Fayulu win. Shadary didn't stand a chance. The real win is for a peaceful transition, and a coalition government. Found a good article from the mining journal about their base case scenario predictions.  https://www.mining-journal.com/partners/partner-content/1352840/likely-shadary-win-in-dr-congo-threatens-further-squeeze-on-miners

[topdop]

Tshisekedi backed out of the opposition deal negotiated in Geneva last month to have a "unity candidate" and instead ran on his own ticket with the backing of politician Vital Kamerhe. This is a historic moment for Mr Tshisekedi's party, the UDPS, who have tried unsuccessfully to win power for decades. From the Mining Journal piece, it looks promising: so yes, "Tailwind"

[Tonafun]

Let's assume Tshisekedi is declared the victor and remains so, can someone more knowledgeable than me on international politics please explain why and/or how this could positively effect KAT stock in the near and long run. Please and thank you. I've noticed the stock slowly inching up up after the results were published.

[Katanguero]

First: the possibility of discussing the new mining code that allows to earn more money to mining companies. Second: there are many issues in the Congo, one of the reasons is the current president, a change of figure, for one more dialogue gives the hope of a more peaceful country for investors. There are areas of the country with armed groups, far from Katanga, but it is still a negative point.

[Lech1988]

The most we can hope for in the congo is a peaceful transition of power which in and of itself is a massive achievement.  The negative sentiment if there are violent protests in the street will be far more detrimental to KAT than the boost the stock would get from a slightly less preferable candidate that transitions in peacefully.