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Bullboard - Stock Discussion Forum Katanga Mining Ltd Ord KATFF

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 > Cash Cow KAT?
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Post by Austrian2340 on Jan 23, 2019 9:04am

Cash Cow KAT?

Codelco: 1,9 Miot - production costs 1,25$/lb; Freeport: 1,7 Miot - production costs 1,26$/lb; Glencore (Africa): 1,7 Miot - production costs 0,87$/lb; Copper 2,69 $/lb ... KAT forecast 300.000 t Copper ...
Comment by Cider6000 on Jan 23, 2019 11:18am
Good numbers  Austrian.  now add in 34,000 tons of cobalt at $40,000us/ton( that could raise dramatically) .  That "extra" $1.36 B is lower than KAT present market cap. If/When the government/corporate extortionists stop, this company will rock.
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