What we know so far....

Whilst awaiting the release of any Court documents, and potentially the emails between the parties, I have reviewed every ASX Release for both KDR and MZN since March 2016 ( a pretty sleepless night, and not sure I'll function at my best today !! ). I have attached below in chronological order anything relevant to the sale, or potential agreement to sell of KDR's lithium assets. I have not excluded any information of relevance, and can certainly say the only occasions that MZN mentions Kidman in the last 7 months is by trying to associate themselves with KDR "nearology".

I have also reviewed some of the MZN thread, and one poster raised the interesting point of potential for insider trading, if MZN knew they had a binding agreement  ( sorry don't know how to link, but it's post 20615117 if you're interested )


Below is the first statement re potential interest in KDR lithium. The last paragraph is pretty conclusive on need for defining the resource better before any agreements will be entered into:
13^th April 2016 KDR Announcement to ASX:

Mt Holland Project Update and Lithium Interest
Kidman Resources (ASX: KDR) wishes to advise that it has received strong interest recently from both local and offshore companies in respect to the lithium and tantalum rights at the Mt Holland gold project in WA.
Kidman has signed a binding agreement to acquire the ~1 million ounce Mt Holland gold project and the primary focus remains on upgrading and developing the gold resource with the aim of developing a second producing gold mine alongside its Burbanks operation near Kalgoorlie.
However, in light of the strong interest expressed in the lithium rights at Mt Holland, Kidman has commenced a technical review on this potential, which is clearly very significant.
The Mt Holland tenement package covers 50km of prospective strike with geology that is host to a specific group of pegmatites- LCT (lithium-caesium-tantalum) pegmatites, which host economic lithium- tantalum mineralisation in WA (eg:Greenbushes,Wodgina) and elsewhere globally.
To ascertain the further potential of such rare metal-bearing pegmatites at a high level, a broader review of the Forrestania Greenstone Belt was undertaken with a focus on these highly fractionated intrusions.
Kidman’s technical team has begun planning work on a program to more accurately map and test the fertility of these pegmatite bodies using geochemical and petrological analysis.
Once the technical team has advanced their knowledge on the Li-Ta potential of the Mt Holland project, the board and management will then consider the best way forward with a strong focus on generating the best return for Kidman shareholders.

17^th May 2016 MZN Announcement to ASX:
MZN Secures Lithium Projects
The Forrestania district has come into prominence in the lithium sector recently with the start-up of production from the Mt Cattlin spodumene project and with the recognition of the spodumene- lithium potential of the area by other companies such as Western Areas (ASX: WSA) and Kidman Resources (ASX: KDR) at its Mt Holland Project.

This release mentions KDR specifically, bu tonly in terms of "neurology" to MZN current tenements:
17^th May 2016 MZN Announcement to ASX:
Forrestania Lithium Project, WA (Marindi 100%)
The Company would like to draw shareholders’ attention to the recent ASX announcement made by fellow explorer Kidman Resources Limited (ASX: KDR) regarding their tenements, which are located immediately adjacent to Marindi’s Forrestania Lithium Project.
On 2 June, Kidman announced “spectacular” high-grade lithium as a result of re-assaying historical drill core. The results, which Kidman said are among the best seen in WA, included an intersection of 54.2m at 1.53% Li20 from 37.8m and 33.5m at 1.39% Li20 from 294m. The Kidman results come from an area directly adjacent to Marindi’s project.

The next release by MZN certainly doesn't question at all the ownership of Earl Grey, and this is late Sept 2016. MZN comfortably state in late September that KDR own the promising EARL Grey discovery:
20^th September 2016 MZN Announcement to ASX:
MZN Expands Lithium Project

• Recent announcements by Kidman Resources (ASX: KDR), which owns the adjacent Mt Holland Project including the promising Earl Grey discovery where intersections of up to 93m at 1.53% Li2O have been reported (see ASX: KDR Release 6th September 2016). Kidman has commenced an extensive drilling program to test pegmatite occurrences extending over a 25km strike length.

Marindi’s Managing Director, Mr Joe Treacy, said the new Mining Lease was set to become the initial focal point of its lithium exploration activities in the Forrestania Greenstone Belt.
“This region is fast becoming the new exploration hot-spot for lithium outside of the Pilbara region,” he said.
“Both Kidman Resources and Western Areas have been reporting significant lithium results on the adjoining tenements to ours. These results support and strengthen the likely prospectivity of our Forrestania Lithium Project and highlight the significant emerging opportunity in this district.
And finally, the Operations Review for MZN - again, no mention of Earl Grey or any agreement:
From the MZN Annual Report to Shareholders – 28thSept 2016
REVIEW OF ACTIVITIES
Overview
The reported financial year was a transformational period for Marindi Metals Limited (Marindi or the Company) following the merger of Marindi and Brumby Resources Limited (Brumby). The year saw two high impact drilling programs being conducted at the Newman Base Metal Project located in the Pilbara of WA for a total of 6,374.2m.
A significant body of zinc chlorite mineralisation has been identified at the Wolf Prospect with further metallurgical studies underway to determine whether it can be economically extracted. Significant effort has also been put in to understanding controls on mineralisation at the Prairie Deposit that will allow for further high grade targets to be tested at this deposit, such as that intersected in PDD 429, which returned an intersection of 3.7m @ 22.4% Zn, 1.8% Pb and 25 g/t Ag (including 1.24m @ 51.7% Zn, 2.2% Pb, and 39g/t Ag).
Marindi has also expanded its tenement position in the Newman region most importantly acquiring the historic Deadman Flat gold prospect located near to Prairie Downs and opening up an exciting new area for Marindi to explore.
Much further afield at Forrestania, Marindi has secured a substantial ground position in the emerging Lithium Province just north of Ravensthorpe and also remains committed to its ground in the Northern Territory at both its 100% owned Caranbirini project, and through the JV with Teck Australia Pty Ltd (Teck) at Yalco (near to the world class McArthur River Mine and recent Teena discovery), all located in the McArthur River Basin.
On the Corporate side, the Company raised an additional $2.85m in new equity to support its aggressive exploration program and also remains committed to assessing new opportunities to grow shareholder value.
Further detail of the Company’s activities is detailed below.
Forrestania Lithium Project
Following a geological review of the potential for lithium mineralisation in the Yilgarn and the Pilbara, Marindi has applied for six Exploration Licences covering a total area of approximately 850 km2 on the eastern and southern sides of the Forrestania Greenstone Belt, north of Ravensthorpe.
This Greenstone belt, which hosts the highly successful Bounty Gold Mine and Flying Fox Nickel deposits, was recognised historically for its strategic metals potential but has had virtually no exploration for these commodities since the 1970s. Marindi’s applications build on information gathered from previous field experience working in the belt in the 1980s. The accompanying plan shows the extent of the Marindi tenements.
Numerous pegmatites are known within the Forrestania Greenstone Belt as a result of accidental intersections in drill holes dating back to the 1970s that were targeting gold and nickel. Despite this, there is no indication that the known pegmatites have ever been appraised for their economic potential. Nor is there any record of exploration in the district specifically for lithium, tin, tantalum or other specialty metals. Hence, there is a significant opportunity to assemble the existing data and to progress rapidly to the point of identifying specific drilling targets.
In the past few weeks, both Kidman Resources (ASX: KDR) and Western Areas Limited (ASX: WSA) have released the results of resampling of pegmatites intersected by holes drilled by previous explorers targeting gold and nickel mineralisation, revealing intersections which are comparable to those of the Pilangoora district of the Pilbara, firmly establishing Forrestania as a pre-eminent lithium province.
These intersections include:

•  45m @ 1.81% Li2O including 7m @ 2.23% Li2O - Kidman Resources ASX Release 19th July 2016;
•  39m @ 1.93% Li2O including 12m @ 2.46% Li2O - Kidman Resources ASX Release 19th July 2016;
•  52m @ 1.53% Li2O - Kidman Resources ASX Release 19th July 2016;
•  5m @ 1.61% Li2O – Western Areas ASX Release 21st July 2016;
•  6m @ 1.36% Li2O – Western Areas ASX Release 21st July 2016, and
•  8m @ 1.22% Li2O – Western Areas ASX Release 21st July 2016.

These intersections are large and confirm Marindi’s view of the potential of the area to host significant lithium mineralisation. Marindi has commenced acquisition of aeromagnetic and Landsat data and has defined several high priority targets. Prospecting and initial assessment has begun but detailed field based exploration will await the granting of the tenements which is expected in the coming quarter.

Please, as with all information DYOR. I am a long term holder of KDR, and am naturally stressed by the developments over the last 24 hours, and am hopeful for a speedy resolution.