The government was always in the driving seat there. 30% royalties.
Not bad. Sqm had to agree I guess.
I wonder if it will be lower and its just a smokescreen.
This will make it easier for someone to come in and buy 30% stake in sqm before April.
One would think that kdr is still in great position unless sqm wants to mine Chile mine and slow down aust operation. I think they have plenty of cash and they can do whatever they want with aust operation. I don't think kdr will build anything personally. Most likely taken over next 12 months.
Price will be above 2 dollars I believe. Only my opinion.
PS I love dabull having a laugh. Has been waiting for weeks. I am happy for everyone to have their moment on centre stage.
Re KDR Chart, page-893
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