Ann: Poseidon and Kidman Mover Closer to Lithium Production,KDR-POS.AX, page-2

Well that's interesting news to think about. Only at MOU stage - but potentially this gets the LJ plant into commercial production of Lithium quite rapidly, using Kidman's Spodumene from Mt H. Toll treated or purchased by Pos.

This should reduce the cost of Pos entering Li production using it's own spodumene - assuming a commercially viable resource can be proved up there - because the start up and basic fixed costs would already be covered. We would just be looking at the mining costs, plus the marginal costs of extra plant throughput.

The same would apply to Nickel production I would think.

So - potentially - very interesting times ahead!

Cheers

Dave