Kdr pos option

From the announcement

Under Kidman’s agreement with Poseidon, Kidman has an exclusive option to lease
the Lake Johnston plant, located approximately 100km from Earl Grey, for three
years. Kidman will pay Poseidon a non-refundable deposit of $500,000 for the
option, which expires on August 31, 2017.
Kidman’s preliminary studies indicate the required plant and tailings storage
facility modifications and commissioning would cost in the order of A$8 million and
the Lake Johnston plant is capable of production in the order of 200,000-300,000
tonnes a year of spodumene concentrate grading ~6 per cent Li20.
While operating the Lake Johnston plant, Kidman envisages building its own plant
at Mt Holland, benefiting from the knowledge and experience it gains from
operating the Lake Johnston plant.
Should Kidman exercise the option, it will pay Poseidon the greater of an annual $6 million

Cant see why it wont still go ahead they still use pos plant now make some good coin for a year while they build there own with sqm

And pick up valuable experience in lithium production imo