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$1.90 kidman resources limited

Ann: Kidman and SQM to form Mt Holland JV, page-93

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reu

1,743 Posts.

12/07/17

10:28

Post #: 25812918
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Originally posted by rickii78 ↑

Hi Reu,, you beat me to the punch

day traders and short term players are hating this,, and for obvious reasons,
people were looking for the big TO deal $1,20- $1.50 and management cashing out.

This announcement official positions KDR to be a producer in a massive Mine lithuim mine for over 50 years with a global partner .. isn't that what MD has been saying all along? naysayers using this deal to bash him... what a joke.

long term this is a great absolutely fantastic announcements it has de-risked our investment and for any large player coming on board they will want to mitigate risk with minimal upfront capital injection - its a two way street guys -- we get to where we want to go and that is be a producer. day traders piss off

there is no doubt this is a company making announcement - naysayers want to bake the cake and eat it too but yet don't have the ingredients to bake it to start off with -- funny that

the real money to be made is in 6-12 months - that is perfectly fine as i have invested to get $3-5 within 12- 18 months

ST holders - sorry but the sugar fix/spike you were looking for may have to wait a bit longer

the above is in my honest opinion

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Massively de-risked because shipping ore was never sustainable long term.

Personal opinion, pure speculation, DYOR, seek professional advice, I'm no expert etc

KDR Price at posting: 68.5¢ Sentiment: Buy Disclosure: Held
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