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18/07/17
12:51
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Originally posted by Cosmoterios
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For me, it has been a strategic mistake.
My questions to Management would be (if I got to ask questions) :
1. Why the rush to embrace SQM?
2. Why not wait until after the Feasibility Studies?
3. Why sell 50% for only USD $70M if the resource is so good?
Instead of basking in the win against MZN, investors are now scrambling to work out the value of KDR assets - at the moment, I am wondering whether the Lithium assets is as good as it has been made out to be?
Guess I can count myself lucky to have sold 50% of my holding in the mid 70 cents.
Any way, rant over.
AIMHO.
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"3. Why sell 50% for only USD $70M if the resource is so good?"
$US110m, not $US70m.