If anyone is feeling a little blue after today's anti-climax...

If anyone is feeling a little blue after today's anti-climax (myself included), please take note of below.

17 Aug 2016 KDR announces Capital Raise:

Proceeds from the Placement will be used to fund an accelerated exploration program at the Company’s Mt Holland Project, including comprehensive drilling programs at the Earl Grey lithium deposit and the Blue Vein gold deposit, as well as exploration drilling to follow up a number of high grade gold targets beneath historic open pits within the Mt Holland Project.

Key objectives of the drilling program are to fast-track a maiden Resources estimate for the Earl Grey lithium project, to undertake a resource drill out at the Blue Vein gold deposit and to complete an extensive exploration program across a number of high priority gold projects.

Kidman announced last month (see ASX release dated July 15, 2016) that assay results from five holes drilled into the Earl Grey lithium project had returned outstanding results with high grades of up to 2.5% Li2O over wide intervals of up to 52 metres. Significantly, all holes terminated in lithium mineralisation.
SP went down, 10-15% over the next week, then rose almost 200% over the next 2 months.

It's a funny game we play, but take heart in the fact we are sitting on the world's largest lithium deposit with North American and Chinese investors circling.

ALL IMHO.