Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Low Volume
View:
Post by patels96 on Feb 07, 2019 10:04am

Low Volume

I just don't understand the constant low volume on KAT day after day, even after the commissioning ofr the second phase of the WOL

Any ideas?
Comment by Sogosohubidu201 on Feb 07, 2019 10:22am
It probably remains quiet until the company gives a clear indication how to resolve the uranium issue.  It is key for cobalt export to recommence.  This is the only hurdle left for the company to show great earning and for the share price to rise strongly.  While the risk is very limited because copper product alone may cover all the expenses and cobalt is almost free. KAT still ...more  
Comment by Lech1988 on Feb 07, 2019 10:37am
Yes with fully ramped copper output KAT should more or less be break even. Without Cobalt there won't be much free cashflow generation or EPS growth.
Comment by topdop on Feb 07, 2019 11:32am
Sorry @patels96 it's a sad reality that the answer to your question is this: there is ZERO institutional buying in KAT because we NEVER DO ANY FINANCINGS (we always end up sucking from the GLEN nipple), as well, we have ZERO market presence from any EXEC MANAGEMENT, and combined, the net results mean we have ZERO analysts covering the stock (either Buy or Sell side). With this history, and ...more  
Comment by johnny54 on Feb 07, 2019 2:18pm
so with all that being said do you change your outlook on future SP? Or is it more of a wait until we reach full potentional and we cant be ignored A build it and they will come philsophy?
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities