Katanga Mining Ltd Ord KATFF

"No, nothing" as posted this morning on my SA KAT Blog

[topdop]

Note a very contrarian trade in KAT today. Something is up.

How many more shoes have drop with this company?

Yes, the assets are exceptional - and the promise is tantalizing - but the continued vacuum of leadership and paucity of confident, clear corporate direction; the pitiful, woeful, minimalist disclosures, written by people who have no idea what they are doing; the missteps, the abject lack of clever, publicly stated strategy and promotion, as well as the horrible big +86% shareholder "blocker" that frankly, probably doesn't give a hoot about us minority shareholders ARE ALL CONSPIRING TO HARM AND HINDER KAT CAPABILITIES IN ATTRACTING BUY SIDE & SELL SIDE INTEREST.

Thus this awful, awful trade... I'm certain something (-ve) is in the wings...

These are my views only. Thanks for reading.

[Lech1988]

Yes I mean MB just posted its first increase in Cobalt assessment in 6 months and Copper is trading around 9 month highs yet KAT continues to flounder.  We also have gotten zero updates on the "ion exchange" system.  Something doesn't smell right and I'll bet a purposeful further delay in cobalt exports is on the cards and will be announced when results are out. 

[topdop]

On a day when both Chinese official & private data point to a recovery in the manufacturing sector there - thus supportive of Cu - and notably, both indices back into growth territory. New orders climbed at the fastest pace in four months while new export orders are growing again. Overall, with a more relaxed financing environment, government efforts to bail out the private sector and

[Lech1988]

Its frustrating for sure but KAT is a stock people will forget about until it has a hope of free cashflow i.e. when it can export Cobalt.  I doubt anyone is going to reflect a change in macro sentiment by buying a stock like this - mostly as you say because they know nothing about it and those that are already in it are holding out for better times and aren't adding any additional length

[topdop]

@Letch1988 +1

[topdop]

....sorry, SP... @Lech1988 +1