blue ocean: kdr = $2bn - $3bn

We believe Kidman has the potential to become a $2-3bn company over the next
few years through its JV with SQM at the Mt Holland integrated lithium project in
WA. The CEO of SQM has also indicated he expects Mt Holland to be at the “lowend
of the cost curve” – a potentially industry changing development… and one
which we believe puts Kidman on track to become the preferred institutional ASX​

lithium play over the next few years. KDR is our Top Pick in the ASX lithium space.

We say Price Target Strategic Target​

BUY 1.30 2.50 4.00

http://kidmanresources.com.au/live/wp-content/uploads/2017/11/KDR-2017-Nov-20-2008.pdf