The gold must be removed to get to the lithium. Others have only earth and stone, which must be removed... Kidman has earth, stone and gold. When Kidman starts to deal with the gold, it seems that the lithium project is going according to plan. That means; in the middle of the year the construction of the refinery will start and from 2021 the mining of the lithium. The management is very clever to bring gold into play right now, because the price of gold has risen a lot. I don't see Kidman selling his JV stake to SQM. There's not a single reason for Kidman to do that. Kidman has no financial need.
KDR Price at posting:
$1.17 Sentiment: Buy Disclosure: Held
