Katanga Mining Ltd Ord KATFF

endless down trend

[JanineK22399HH]

Low trading vol. are retails losing faith & cutting loss. Nobody will throw good money after bad money...unless institutionals & insiders begin to buy, rare chance for this to move up until big positive news come.

This morning, in Berlin German Chancellor Merkel said:  'Germany needed to make radical changes in the vehicle sector by switching to electric or hydrogen-powered fuel-cell cars' . It's a reversal from siding to car industry lobby, promoting 'clean diesel', many years of resisting implementing EU emission level. 

I can wait it out, knowing EV is not a choice, it's a must. Cobalt sale will resume.  I did  a big mistake not to have taken profit last June...we all made bad investment decision sometimes. 
This will recover, 1 year 2 year 3 year...don't know.  

Best regards,

[Lech1988]

Yes volumes are still way too subdued to read into this anymore.

[SAM1492]

To me this looks like the same thing that happened in January dropped down all the way to $.50 and in 3 days jumped to $.80 and a slow way down since then. I smell big news coming that will prop the price up and the big players are pushing out the little guys again to pick up shares at a discount before a big push upwards. will see but everything points to the fact that cobalt will be in high

[Sogosohubidu201]

In my view, there is no doubt that the big payday will come if shareholders including retail shareholders are willing to wait for a while, etc. 12-24 months; and cobalt and copper price will go up with renewable energy and EV revolution on going.  The only hurdle left for KAT to generate huge amount of free cashflow and earnings is the cobalt export as far as we know. This is not difficult to

[Sogosohubidu201]

@Janine, yes, that is exactly what has happened (Low trading vol. are retails losing faith & cutting loss. Nobody will throw good money after bad money...unless institutionals & insiders begin to buy, rare chance for this to move up until big positive news come.)

[JanineK22399HH]

Don't you think that Glencore as nr. 1 in world commodities trading with strong finance position is not setting high priority to speed up cleaning up all issues in KAT.   Strategically - what's the point to flood the market with cheap cobalt, or improve Kat's cashflow!? - Glencore, as the majority shareholder and creditor, is controlling all things KAT. Minority shareholders