Australia's largest stock trading and investment forum Australia's #1 stock forum

KDR

Click for more information

0.00%

$1.90 kidman resources limited

Ann: June 2017 Quarterly Activities Report, page-38

First 38 Last

Share
Profile

Follow
Germantheologist

695 Posts.

18

01/08/17

15:47

Post #: 26219532
Share

Originally posted by eshmun ↑

Answer me this then. If SQM have spent millions on technical due diligence as you claim and are confident in all the aspects of their arrangement with KDR why wouldn't they advance the full amount of the loan sooner so that the feasibility studies can proceed faster and hence the project can be completed sooner? Wouldn't it be in SQM's interests to move EG to production as quickly as possible? Even if approvals weren't ultimately received subject to the other conditions precedents they would still have the right to convert the loan to KDR shares, which according to most here are going to be valuable whatever the case. Esh

Expand

Lets call it risk management, who the hell knows why they have taken that approach. Yes there is more work to be done, yes there were going to be cash flow issues and yes they will be sufficient valuable product to make this work. It is the same as any mining project.

KDR Price at posting: 57.0¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

RSG

HotCopper reacts as Resolute Mining told to pay US$160M if it wants its CEO back

RCE

Recce scores $6.75M R&D rebate

HAS

Yangibana 33% complete says Hastings, as it provides clarification on funding

BIO

Biome reaches intellectual property milestone in strain development program

First 38 Last

Add KDR (ASX) to my watchlist