Biochemist2002, THANK YOU...THANK YOU Reposting again and again information on KATX is what this board needs. Investors (new or old) can than make their own decission.
Questions and oppinions are just that. Facts are facts.
If Vale does not complete the 3 year deal and spend .75 million(which would take them to a feasiblity study so they know there's a deposit there) then the property returns to KAT 100%. The may not want to mess with the study or they may wait 2 years to get to it. the reifnery is being built and not ready for use. When will it be ready for use? I don't know. if it is a year from no no urgency. LUCKY is not the only property they own over there so priority will be determined by VALE not KATX. they may not want to do lucky first.
The advantage KAT has is, VALE is building a $2.5 billion refinery just to the south of the Lucky properties and need copper for process. again he KEN STATES If there is a deposit there worth mining they will not sit on it as that's their reason for working with (us) in such an urgent way.
it is up to VALE to determine if it is worth their time we cannot control that. Ken can push it but not make up their minds.
so again just dont want to hear all the whining 5 months from now where are the results why aren't they doing something. when is PPS going up.
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