Katanga Mining Limited (KAT): What's_bad for_the goose,_is bad_for...

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Katanga Mining Limited (KAT)

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Friday, 08/09/2019 1:16:00 PM

Friday, August 09, 2019 1:16:00 PM

What's_bad for_the goose,_is bad_for the gander..._or is_it?
The recent Glencore cobalt closure news regarding the Mutanda mine on the surface as a first impression indeed appears as "bad for the goose".

But as John Peterson so logically/rationally argues in his Seeking Alpha editorial https://seekingalpha.com/article/4283539-glencores-mutanda-mine-closure-cripple-kill-tesla this bad news affecting the goose is not necessarily bad news occurring in tandem affecting the Katanga mine as noted in his last paragraph. The Katanga "gander" is the near last cobalt-man standing and will continue onward and upward. I buy into John Peterson's logic/premise/argument... it makes perfect sense to me.

The Doctor

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