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Bullboard - Stock Discussion Forum Katanga Mining Ltd Ord KATFF

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 > Copper short positions all-time highs
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Post by Sogosohubidu201 on Sep 14, 2019 11:18pm

Copper short positions all-time highs

 6 hours ago

Copper short positions appears to be a crowded trade. All time short position and the industry is in deficit so any positive news over US/China trade war and it could explode on the upside due to short covering



Copper's rally could be the start of price rise, says Morgan Stanley with signs demand is inc in China inventories are down by 155,000t over 2M, premium for Shanghai over LME up 17% over 1M, to $77/t & China is inc spend on electricity grid and infrastructure

 


Copper's rally could be the start of price rise, says Morgan Stanley with signs demand is inc in China inventories are down by 155,000t over 2M, premium for Shanghai over LME up 17% over 1M, to $77/t & China is inc spend on electricity grid and infrastructure

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