KDR 0.00% $1.90 kidman resources limited

Ann: March 2019 Quarterly Activities Report, page-48

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    The answer to your question lies on page 12 of the announcement.

    Kidman collected lithium focused soil samples on the following tenements; of which, they have a JV agreement with Sociedad Quimica y Minera de Chile SA (NYSE: SQM) whereby each company is entitled to 50% of the lithium rights (see ASX Announcement 21st December 2017):•
    E77/1582 (Aircraft)
    • E77/1773 (Southern Cross)
    • E77/2011 (Coffee)
    • E77/2080 (Battles)
    • E77/2097 (Generals)
    • E77/2137 (Planets)
    • E77/2162 (Moons)
    • E77/2188 (Hamlet)
    • E77/1775 (Seas)
    • E77/2167 (Golf)
    • E77/2244 (Texas)
    • E77/2305 (Michael)
    • M77/522/477/478/523 (Van Uden Group)
    • M77/1065 (Cheeses)
    • M77/1067 (Razorback)
    • M77/1068 (Bushpig)
    • E77/1400 (Cakes)
    • E77/2099 (Biscuits)
    • M77/1066 (Bounty)
    • M77/1080 (Twinings)

    I am hoping that the remaining tenements are also very productive as they belong to Kidman under the earn-in agreement with WSA, as per the announcement

    Kidman collected lithium focused soil samples on the following tenements; of which Kidman has an Earn-In arrangement, with respect to lithium rights; with Western Areas (ASX: WSA) (see ASX Announcement 20th March 2017):
    • E77/1436 (Little Hope)
    • E77/1581 (Poker)
    • E77/1734 (Galaxy)
    • E77/2235 (Emperor)
    • M77/215 (South Holland)
    • M77/216 (Krasentein)
    • M77/284 (Tornado)
    • M77/285 (Antimony Nickel)
    • M77/389 (Mount Hope)
    • M77/458 (West Quest)
    • M77/542 (Birimbah)
    • M77/550 (Holland)
    • P77/4067 (Leeuwin)

    Watch these tenements with great interest as there is some potential really significant cream for shareholders in these.

    JMO

    Regards

    Rayda

 
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