KDR kidman resources limited

some truths, page-10

  1. 13,316 Posts.
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    Sorry Turbo

    I think you are missing something here, namely they already have had past success on ALL drill holes previously drilled with decent grades and intervals recorded...that is what is significant with todays announcement...

    I agree if it was the first four holes dug in Blind Calf I would side with you on this...but it isn't.....that is the point mate...and those previous holes drilled were some distance from current drilling target so in case I need to spell it out....it raises the question of what is underneath and how far does it spread...

    So as I say on that basis a $30 m valuation seems pretty cheap if you compare to specs with this sort of news on past drill success......
 
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