KDR 0.00% $1.90 kidman resources limited

OK, if you know all that you also know the big resource is going...

  1. 12,259 Posts.
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    OK, if you know all that you also know the big resource is going to sit in the ground for a very very long time and any further drilling to the north below the current pit shell is a waste of time and money and any talk about an exploration target below the current pit depth is just hype on the part of the company and what else you know is that you don't know anything else about what a feasible resource looks like. Not one thing other than there are a few rafts of pegmatite at a reasonably shallow depth. You seem to like to draw all sorts of assumptions based on this one known and extrapolate them to suit. I'd rather wait for the FS to see what this deposit has to offer.

    and P.S I'm pretty sure the base case model for the pit shell in that announcement is using extremely generous assumptions.

    Good luck riding the lastest FOMO wave in lithium stocks. Esh
 
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