Again, this may be helpful for the MZN jilted ones and the media advisor, a potential diagnosis for some:
ASX Announcements released as KDR
Date Price sens. Headline Pages1 16/11/2016 Option to process Earl Grey lithium ore at nearby POS plant 4 2 08/11/2016 Drilling extends Earl Grey pegmatite another 500m 38 3 31/10/2016 September 2016 Quarterly Activities Report 9 4 28/10/2016 High grade lithium confirmed over 1.4km 123 5 26/10/2016 Kidman takes key steps towards Lithium development 3 6 11/10/2016 Earl Grey Project definition drilling progressing rapidly 51 7 03/10/2016 Earl Grey Lithium Project Continues to Expand in Scale 29 8 21/09/2016 Drilling doubles known strike length of Earl Grey Project 18 9 06/09/2016 High-grade assays confirm Earl Grey major lithium discovery 14 10 25/08/2016 Earl Grey Pegmatite Thickness Doubled by First Drill Holes 9 11 17/08/2016 Kidman Raises $21m to Progress WA Lithium and Gold Projects 2 12 10/08/2016 Drilling starts at the high-grade Earl Grey lithium project 2 13 28/07/2016 June 2016 Quarterly Activities Report 12 14 27/07/2016 Kidman signs lithium processing MOU 6 15 15/07/2016 Mt Holland emerges as significant Lithium discovery 14 16 07/07/2016 KDR completes acquisition of Mt Holland Gold-Lithium Project 2 17 05/07/2016 Review highlights Mt Holland's outstanding lithium potential 7 18 21/06/2016 Lithium review establishes 6.3km pegmatite at Mt Holland 6 19 02/06/2016 Spectacular lithium assays at Mt Holland project in WA 15 20 23/05/2016 Mt Holland Lithium Potential Confirmed 12 21 10/05/2016 Maiden Drill Program to start at Mt Holland Project 2 22 29/04/2016 March 2016 Quarterly Activities Report 8 23 13/04/2016 Mt Holland Project Update and Lithium Interest 5
Again, in fact there were a lot more than seven signs and all price sensitive!!!
http://www.asx.com.au/asx/statistics/announcements.do?by=asxCode&asxCode=kdr&timeframe=Y&year=2016
Did the MZN BoD’s forget to tell past and present shareholders that they had an agreement to purchase the Lithium rights for in excess of seven months. Was it material? Yes and Yes again.
What ever happened to continuous disclosure rules?
BoD changes are forthcoming, IMO. Nearology was the play and the MZN drill bit did the yapping also – 50% down. Yak yAk yaK!
A gentle reminder for some below:
“Kidman is disappointed that the allegation by Marindi has been made when discussions between Marindi and the Company, that are the subject matter of the allegation, ended in April 2016, and without an agreement being reached.
Kidman notes that prior to the last few days, Marindi had not previously alleged any agreement, and in light of developments since April 2016, the Company views Marindi’s actions as being opportunistic.” KDR, 16th November 2016.
Desperate spurious exploration by litigation claims = No Deal = malicious damage claims by others!
So looking forward to the May 29th judgement day. Good luck to all KDR shareholders. Upward re-rating not far away Now!