General meeting voting, page-25

First 25 Last

Share
Profile

Follow
milkteabubble

380 Posts.

19/07/17

20:07

Post #: 25966503
Share

Originally posted by aussieman ↑

Guys i am not trying to ramp or anything
But i will let you know something

This deal is impressive i will quickly lay it out this is infomation i have been able to get note( this is note investment advice do you own research )

1- kidman is almost free carried to plant completion (if you include the KDROoptions)

2- yes the 50 percent sale of the

lithium project but its a 50 year project (we are not talking about a small mine with a 3 year mine life most of us will be dead before its mined out)

3- the crown jewel is the refinery
This is a gaurded asset due to IP technical knowledge

4 - kidman has been able to gain a 50 percent ownership option of this asset
Note - the refinery is a business within itself ........

I will tell you a figure (i got these figure off a chinese friend

Cost to produce 1 tonne of carbonate

Is almost us$ 4000.00
It sells for between 15k to 25k per tonne

Now do the maths
At 40k per annum of lithium carbonate
Equals =
Subtract the cost =

Remember kidman owns half the refinery
The number are scary finance will not be a issue even at 400 million for kidman

This is a massive project

The best is if kidman get taken over SQM
Need to enter the bidding war as they might not want that new business partner

A fantastic deal
The reason the insto think the deal is great is it is estimate that kidmans share of the project will be
$ 2billion ,NTA to kidman

Fantastic deal
It will be intereting few months ahead
I do not think kidman will get to the mining stage they will get brought out
Thats my opinion
Do some research everyone
Do not get tricked into selling to cheaply

Expand

KDRO, I forgot about those?

KDR Price at posting: 53.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Week 28 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

ARN

Aldoro shares jump 47% on news of strong niobium recoveries from Namibia play

Shekel Brainweigh and Calmer Co lead innovations in the retail space

RCE

Recce scores US$2M deal from US Department of Defense for burn wound infections gel

There are more pages in this discussion • 40 more messages in this thread...

First 25 Last

Add KDR (ASX) to my watchlist

General meeting voting, page-25

Top Stories

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Week 28 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Aldoro shares jump 47% on news of strong niobium recoveries from Namibia play

Shekel Brainweigh and Calmer Co lead innovations in the retail space

Recce scores US$2M deal from US Department of Defense for burn wound infections gel

Featured News