Katanga Mining Ltd Ord KATFF

quick question

[johnny54]

does anyone really see this stock failing and keeping the trend of going lower and lower or is this just more of a rocket situation but no one knows the take off time?

We over kill discussions on ever tiny thing that makes for a 2 cent swing?

Once exports resume it should be all good one would assume.

all the inestment expenses on building the mine seem to be finailizing and be out of the way.

the congo has been quiet thus far after election.

yes cobalt prices are low but they will stabilize.

so what is all the risk here?

is this mine still at risk of being disolved? is glencore going to crush us and offer more shares? what are the worst case scenarios?

everything world wide minus trump protecting his shares in american oil companies and car companies poins to an electric future? so why does this stock not bring in the right attention?

What does everyone in the investment world seem to know that is being hidden from us little guys

[Cassius1977]

OK risks?  There's many.  The global economy could tank,  the DRC gov could intentionaly delay exports to sustain cobalt price increases and the DRC could easily face a political crisis which at the moment it appears new storm clouds are forming.  https://www.theeastafrican.co.ke/news/africa/Dr-Congo-felix-tshisekedi-facing-crisis-ahead-forming-government/4552902-5070232

[Kidlaw1]

Sounds fishy doesn't it.  Wasn't it Kabila's influence that helped Tshisekedi to cease the elections. It wasn't confirmed, Tshisekedi was Kabila's preferred candidate after his successor.  Now he claims to be trying to shake Kabila's influence.  This will be an interesting year.

[Cassius1977]

I have no faith in the governance of that country which is why I chose not to invest.  Really a shame because they have such amazing natural resource riches.   It really speaks volumes to the political situation that the DRC is as poor as it is.  They just always seem to be going from one crisis to the next.

[Lech1988]

There is no risk of KAT being "dissolved" - Glencore cannot unilaterally do this.  What they can do is halt all further debt financing/guarantees (which again is unlikely as the interest they are receiving on these loans is substantial).      The biggest risk is a delay in Cobalt exports with no real sense of urgency in rectifying the problem with the markets

[Lech1988]

Haha ok this headline just hit 1 min after I submitted this.... KATANGA MINING ANNOUNCES LIMITED RESUMPTION OF COBALT EXPORTS

[topdop]

.... @Lech1988 just as I predicted... ION exchange circuit still a mythical non-event created because it sounds smart; technical. Prudent. = Smoke & Mirrors. "Suddenly", and also as I have predicted, better Grade Control & more precise Mining & Segregation of ore types has allowed the production of 930t of Co contained in hydroxide that is fully compliant. There will be no

[stockhunter20001]

Yes, I 100% agree topop. It is all a game to control cobalt price. This was my hunch feeling. Now where should we go from here?