KDR 0.00% $1.90 kidman resources limited

KDR mngmt and good housekeeping, page-20

  1. 4,120 Posts.
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    I agree FH, CXO is a wait and see but at this stage they haven't uncovered anything in the league of KDR.

    Among all the positives for KDR the ones that really standout from a resource perspective is the gently dipping/planar geometry, the continuity of the resource, the low strip ratio, the grade and of course the sheer size.

    All of this and it is still only very early days in the exploration of KDR's extensive pegmatite strike. So much of the work has been done by the previous owners and explorers drilling for gold and logging Lithium hits. Consequently KDR is left with a what looks like a kids dot to dot diagram, all they need to do is fill in the spaces.

    We also have 3 rigs working away since we are cashed up and management understand the urgency of completing a Jorc resource to rapidly move towards production.

    At moment CXO and KDR are chalk and cheese however to be fair CXO needs more time and exploration to see what they actually have.
 
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