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$1.90 kidman resources limited

That was my main takeaway form the quarterly too, financing...

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guy7yug

343 Posts.

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25/01/19

11:32

Post #: 37222743
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Originally posted by Forsite: ↑

"During the quarter, the Company completed the first stage of its debt financing process, beingthe receipt of indicative terms from prospective debt financiers in relation to a potential projectfinancing facility to fund Kidman’s share of capital expenditure to construct the Mt HollandLithium Project and associated owners’ costs.The indicative terms confirm significant interest from multiple leading domestic andinternational lenders for a conventional project finance facility and support Kidman’s strategyto maximise debt financing for the project."

Indicative offers of finance - nice - management are doing a great job avoiding dilution. Financiers don't waste time with indicative letters of offer if they ain't interested.

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That was my main takeaway form the quarterly too, financing is progressing nicely.

KDR Price at posting: $1.18 Sentiment: Buy Disclosure: Held
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0 Great analysis

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