Katanga Mining Ltd Ord KATFF

ToTal Capital Expendure and Commitments of $182.9 m

[Sogosohubidu201]

Total capital expendures for the remaining of this year (Q2, Q3 and Q4) are $169.3 millions: Acid plants: $106.5 m WOL project: $8.3 m Cobalt project: $7.7 m Sustaining capital: $46.8 m There will be remaining power project budge $11.6 m and Gecamine rental cost of $2 m. Page 20 of the Q1 2019 financial report

[Sogosohubidu201]

At the current cobalt price ($34,000 per tonnes) and copper price (about $6,000 per tonne) as well as 35k tonnes of cobalt and 285k tonnes of copper next year, I see $1 billion USD of free cash flow for KAT next year.  Sustaining capital expendure may be around $185-$190 millions next year. However, share price should rise when Q2, Q3 and Q4 results are out this year because of big

[Lech1988]

Yes there should be an improvement in the financials if Cobalt exports commence again in 2Q but remember a Provisional Price Adjustment due to lower Copper pricing will dampen any improvement in revenues.   Honestly it’s easy to put together basic models to determine assumed free cashflow but there are way too many unknowns and random variables with this company for them to be accurate. 

[stockhunter20001]

I agree. This stock is been a nightmare, when the nightmare will finish who knows!