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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 > Any predictions when we will hear about the GLEN Proposal?

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Post by stockhunter20001 on Jun 19, 2019 11:59am

Any predictions when we will hear about the GLEN Proposal?

Any preductions when we will hear about the GLEN Proposal to KAT?

Will it be by Q2 results release in August?

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Comment by topdop on Jun 19, 2019 1:17pm

From the last most recent MD&A: "In addition, Katanga received a proposal ("Proposal") from Glencore which is designed to address the Company's overall indebtedness to Glencore under the Loan Facilities. In response to the Proposal, a special committee of independent directors has been formed and such committee has retained advisors to facilitate ongoing discussions with ...more

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Katanga Mining Ltd Ord