KDR kidman resources limited

Mr Lougher & Kidman Resources v. Ors, page-85

  1. 4,884 Posts.
    lightbulb Created with Sketch. 1193
    If you believe this happened just due to the MZN claim then you are crazy, KDR was being up-ramped so much at that point that it peaked at 82c, I did buy into KDR during this time and rode the wave but got out at ~65c. It had to stop somewhere and pull back and that is what it did, the MZN claim just made it pull back a bit more than it probably would have done.

    If I remember right the 36.5 low happened very quickly and rebounded quickly as well, I seem to remember this was due to an Ann??

    Do I believe KDR's SP will rise if they get all the problems sorted out, yes I do, I love the deposit, but not KDR, mainly due to its complications of the full tenement claims of Jeff Hull and Pheonix Rise, plus the lithium rights issue with MZN and finally the cash burn, you need money and it seems the Burbanks sale is going to be delayed, I think REZ know this as well and are trying to get a better deal.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.