Katanga Mining Ltd Ord KATFF

Blackrock position in KAT

[stockhunter20001]

@topdop, how can we know how much can we know Blackrock owns in KAT if they went RO or selling their shares ?

[topdop]

@stockhunter20001 On 04 Dec 2019 at 01:26 PM I posted the following on my Seeking Alpha KvN KAT Blog: Bloomberg is showing BlackRock as #2 shareholder (behind Glencore) with 3.34% or 63.664 MM shares. Evy has been a patient investor and there is no indication they won't continue to be patient. After so many years in the DRC, this investor is unlikely now to cut and run when all indications

[stockhunter20001]

@topdop, yes I was referring to your blog. How can we confirm if BlackRock is still holding or will subscribe? Or they are the ones selling?

[organeer]

Related: BRIEF-Blackrock Discloses Stake Of Below 5% In Glencore As Of Dec. 9 - Filing 1 MIN READ   Dec 11 (Reuters) - Glencore PLC:   * BLACKROCK DISCLOSES STAKE OF BELOW 5% IN GLENCORE AS OF DEC. 9 VERSUS PRIOR STAKE OF 5.01% -  Source: https://www.reuters.com/article/brief-blackrock-discloses-stake-of-below/brief-blackrock-discloses-stake-of-below-5-in

[stockhunter20001]

5% on current market cap equals to 11M. Will black rock exercise before 17th? We need to monitor this as it will provide clues. What would be the stock price after 17th DEC, will it drop to 8cents or stay or go up?

[organeer]

My quote was for glencore not katanga

[stockhunter20001]

thanks for the correction. This is a big difference.