Bullboard - Stock Discussion Forum Katanga Mining Ltd Ord KATFF

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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.

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Katanga Mining Ltd Ord > The real numbers behind KAT revealed

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Post by RobAndersenJr on Apr 29, 2019 9:23pm

The real numbers behind KAT revealed

ICYMI

https://bit.ly/2XTEJdJ

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Comment by Lech1988 on Apr 30, 2019 4:35am

From the PR it does sound like they are going to build the Ion plant and they are already ordering long lead items. So right now we have a 9-12 month time frame for the construction of the plant which doesn't even have building permission or a feasibility study completed yet. We are likely minimum 1.5-years out before any Cobalt is exported in meaningful size. Hold this one for the ...more

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Comment by topdop on Apr 30, 2019 7:36am

@Lech1988 no be careful with your reading on the long-lead items: BoD has "approved" them; no mention that anyone has actually ordered anything. Its a big difference. I spotted it straight away. It's just more language to play out the ruse in my opinion. I will ask the company at the AGM what these items are, generally, and when the orders were placed and with whom. These are my ...more

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Katanga Mining Ltd Ord