KDR kidman resources limited

shareholder update, page-20

  1. 19,072 Posts.
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    For me, it has been a strategic mistake.

    My questions to Management would be (if I got to ask questions) :

    1. Why the rush to embrace SQM?
    2. Why not wait until after the Feasibility Studies?
    3. Why sell 50% for only USD $70M if the resource is so good?

    Instead of basking in the win against MZN, investors are now scrambling to work out the value of KDR assets - at the moment, I am wondering whether the Lithium assets is as good as it has been made out to be?

    Guess I can count myself lucky to have sold 50% of my holding in the mid 70 cents.


    Any way, rant over.

    AIMHO.
 
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