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01/12/17
08:43
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Originally posted by Suw
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Hi Tran,
I have reposted your's below for everyone's benefit. We have a short term memory (I believe) and it is imperative to remind everyone of KDR's potential. Some may have missed or forgotten of "Blue Ocean Equities" recent valuation - prior to KDR's announcement yesterday. IMO yesterday's announcement should have increased these targets even higher. Short Term $2.50 and Strategic $4.00
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We believe Kidman has the potential to become a $2-3bn company over the next
few years through its JV with SQM at the Mt Holland integrated lithium project in
WA. The CEO of SQM has also indicated he expects Mt Holland to be at the “lowend
of the cost curve” – a potentially industry changing development… and one
which we believe puts Kidman on track to become the preferred institutional ASX
lithium play over the next few years. KDR is our Top Pick in the ASX lithium space.
We say Price Target Strategic Target
BUY 1.30 2.50 4.00
http://kidmanresources.com.au/live/wp-content/uploads/2017/11/KDR-2017-Nov-20-2008.pdf
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And is it has been posted already, then I'd just like to remind people of the fact that RIO are still sniffing around SQM in a possible buyout/ stake/ takeover ???
https://investingnews.com/daily/res...-bid-stake-sqm/?as=1&nameplate_category=Daily