Re KDR Chart, page-582

Hi,

This is my take on KDR for 2018 - call it speculation, guesstimate or facts based on fundamentals.

SP by end Jan: $2.30 (Lithium hype) MC ~ $800m
SP by end Q1: $2.50 - $2.80 (expectation of resource upgrade) MC ~ $1.1b
SP by end Q2: $3.00 - $3.20 (based on actual resource upgrade released and options converted) MC $1.3b
SP end 2018: $4.00 - $5.00 (based on any off-take agreements) MC $1.8b
SP by Q2 2019: $6.00-$8.00 (based finalised refinery plan, funding and commencement of production) $2.8b

This is assuming there is no negative KDR news which would be the case 99.9%. If KDR gets into an agreement with companies like Tesla, VW and any other large automobile organisation then 2019 may even see a SP of $10. All the very best KDR holders and as indicated in the past a life changing investment.

As usual DYOR.