KDR 0.00% $1.90 kidman resources limited

shareholder update, page-65

  1. 174 Posts.
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    yes it will depend on who owns what at the point 80 mill will be spent.
    If KDR still holds 100% of MH at this point SQM will be spending it on 100% KDR owned MH so you are correct, but if JV has already begun after the 30 mill payment, at this point KDR will own 50% of the project at the point where 80 mill will be spend hence KDR share will be half of the expenditure.
    Last edited by KZxs7: 18/07/17
 
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