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Bullboard - Stock Discussion Forum Katanga Mining Ltd Ord KATFF

Metals & Mining Industrial Metals & Minerals
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 > Why price didnot skyrocketed?
View:
Post by Katanguero on Apr 15, 2019 5:35pm

Why price didnot skyrocketed?

Cobalt production less than expected?
Comment by Lech1988 on Apr 17, 2019 11:40am
Because it doesn't really mean anything.  They have (purposefully) given zero guidance as to how much Cobalt will be exported this year and therefore it’s impossible for people to know what impact this will have on the bottom line. Imagine this going forward - Glencore will offtake only what they deem is necessary to meet their end customer demand.  KAT has to wear all the inventory ...more  
Katanga Mining Ltd Ord