KDR 0.00% $1.90 kidman resources limited

Ann: Kidman and SQM to form Mt Holland JV, page-162

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  1. 397 Posts.
    lightbulb Created with Sketch. 48
    The deal is disappointed. However just do the peer comparisons.

    Ajm shares Issues 1541.2 million @ 15.5 cents capitalized at $239 million
    With resources 42.6 mt @ 1% contain li2O 424,000 t

    KDR shares issues 333.331 million @62 cents capitalized at $205 million
    With resources (128 mt, 50% of it, )64 [email protected]% contain li2O 938,00 t
    With US$70 million cash and with SGM expertise.
 
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