Katanga Mining Ltd Ord KATFF

How Deep Losses Do You Have?

[MrIceman]

We all know KAT is down significanly YTD. Is anyone eager to reveal the level of losses you have on paper at CAD 0.35?

My losses on paper equal to my salary of 6 months before taxes. For me, that's a lot. I don't know many people who are OK to lose their 6 months' salary before taxes. But hey, we all know that KAT will be trading at 70c shortly. LOL

[johnny54]

Down 336,000 with avg of 84 cents and as much as I’d love to lower my avg I’m too committed already lol. That’s it the cash account in the TFSA I have an average of 1.04 and am down about 3K But I believe sitting tight

[topdop]

I'm in again bought another 100k shares today at 38c at the open. More to come. Cu is up in London. GLEN is up in London. And the Co market has been structurally and materially thrown into deficit by GLEN and 3 years sooner than most expected. These are my views only. Thanks for reading.

[topdop]

The dog days of summer continue. Per my note 8 Aug and before everyone gets back to their offices from the cottage/Europe/California and start paying attention once again some time after labour day, I've been buying more: 58,080 x shares at CAD$0.38   This puts me at 79 trades (buy & sell) in this name having commenced on 24th February 2017 and now holding 1 million shares at

[Brandonrr]

thanks Topdop. I am a small player in this but wondering if it is possible they would go down the route of share dilution to raise money for things like the ion exchange or other projects within KAT? Is this a worry for you?

[topdop]

No worries @Brandonrr all shareholders are equal & we all want the same end result; big or small holdings notwithstanding. It's impossible to say what KAT may do. Note their GLEN debts still have a decent time fuse remaining. And now, instead of Provisional Pricing allowances in KAT quarterlies being negative (ie: lower realized Cu and Co prices at point of sale), these now are likely to

[MrIceman]

Me too. On Friday 23rd, I bought 3k shares at CAD 0.37 and another 27k shares at 0.385. After that the volume has been curiously low. Yesterday the volume was 2354 shares. That's the whole day! Today 10k shares were traded at the opening, but not a single share after that for two hours. Where did all the buyers and sellers go?