Ann: Poseidon and Aphrodite Move Closer to Gold Production, page-132

I cannot really answer that, as I'm not invested in KDR and I haven't done a meaningful associated DD analysis.

I'm only interested in KDR insofar as its prospective commercial relationship with POS. I was suspicious of it from the start, but I did warm to the idea/prospect (ok, ok, hope <- oh dear Lord, that word! run for the hills! lol) that it might pan out. But I've seen this type of thing too many times to get too excited about it. I digress...

I'll limit my comments because this is the POS forum, not the KDR forum.

The short-term market certainly doesn't seem to be happy about it. But this reaction (imo) is most likely the hot (flighty) money of retail punters who prolly let the SP get ahead of itself, anyway. It appears to me that this announcement has taken out much of the hot "blue sky" frothiness potential that it appears that many were hoping for (so typical of hot spec stocks) and replaced it with some perhaps more grounded reality.

I don't like using "DYOR" because I think it sounds self-serving, but I really do think it is apt advice. Sorry I cannot be of more help.