KDR kidman resources limited

Ann: WES: Completion of Kidman Resources acquisition, page-2

  1. 2,945 Posts.
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    Congratulations folks.
    Champagne problems now with all that cash : )
    Looking for a similar potential repeat anyone?
    Now that a benchmark has been set, Suggest for some perhaps not aware regarding another lithium mob check out LTR.
    LTR 100% uncommitted high grade large resource. Currently share price around 10c.
    May be of interest to some.
    He's some numbers from a great LTR poster ( anatol ) over there to ponder.
    Copy.
    According to the benchmark prices the KV resource valued at least at 32c for the current 75mt resource and 52c for 125mt resource.

    KDR-WES deal; $765M
    95mt @1.50% Li2O
    Li2O content 1.4mt
    Valued @$547 per ton of Li2O

    LTR KV Project

    75mt @1.30% Li2O current resource
    Li2O Content 970kt
    Say $540 per ton of Li2O
    970kt x $540/t = $523M
    32c stock price

    125mt @1.30% Li2O targeted resource
    Li2O Content 1625kt
    Say $540 per ton of Li2O
    1625kt x $540/t = $877M
    52c stock price


    Plus Buldania Project
    Plus Toolebuc Vanadium Project
 
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