KDR 0.00% $1.90 kidman resources limited

Ann: Proposal from Wesfarmers, page-37

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  1. 2,815 Posts.
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    Well, I posted from the time of the Earl Grey discovery that KDR would never see this Tier 1 deposit through to mining. It was always going to be sold or taken over one way or the other. MD has done a shoddy job at realising full and proper value after nearly giving it away for a song to MZN. And................ here it is!!!

    All wrapped up nice and pretty for the acquirer................. a $3 billion dollar plus asset given away at the bargain basement price of about $900m all up. 50% to SQM for a few dimes and nickels and then the rest to WES for a small premium on a SP that has been manipulated down by a bunch of insider shorters!!! Well done MD........................ not!!! mad.png

    What does one call a bent stick?

    Cheers
 
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