Re KDR Trades, page-16

Don't think so on many fronts …

I’m selling 50% of my holdings when the KDR market cap equates to 50% of Albemarle’s Wodgina JORC resource acquisition value per resource Li2O tonne value of $1,050t. The rest I will hold for 100% of that value.

KDR SP on $525t Li2O = $742M mcap or $1.83 per share. Fingers crossed for that short term rise … Bye …

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Sometimes the questions are complicated and the answers are simple.
~ Dr Seuss

MIN 22/11/2018
Mcap $2,963M @ $15.76 fps (188M fps)
Wodgina Ind/Inf res 259.2Mt @ 1.17% Li2O (Prov/Prob res 151.9Mt @ 1.17% Li2O 160ppm Ta2O5)
Albemarle purchasing 50% of Wodgina on an as is pre-production basis for Aus$1.59B
Wodgina value per res Li2O tonne (~3.03Mt contained Li2O) = ~$1,050t

KDR 12/02/2019
Mcap $579M @ $1.43 fps (405M fps, $30M cash, $106M funds for mine development with SQM JV, no debt)
Mt Holland (50%) Meas/Ind/Inf res 189Mt @ 1.5% Li2O + Au (KDR 100%) Meas/Inf res >1M ozs
KDR value per res Li2O tonne (50% of ~2.83Mt contained Li2O) = ~$409t