"Enough to get the job done" This. They will almost cartainly...

"Enough to get the job done"

This.

They will almost cartainly make a profit from the asset in time, and at the same time they paid a lot more than the shares would have been worth had they not made the takeover bid.

When looking at the resource size/life of mine they got it cheap, but not as cheap as what SQM got their half for. ALB paid a fair price at the time (and for 2-3 years in the future) I believe. Seems pricy ATM compared to current PLS MC for example though.

Im disappointed that KDR was taken over but pleased that the offer came when it did. Short term it was definitely positive for shareholders. Maybe even long term too (KDR management shortcomings IMO).