I hope you don't mind being quoted freehold...... from yesterdays posting,
"Once an offer comes that is when the real action will start...If the offer is low ball it will be outbid ... you must remember that there are very few resources like this one in the world... Mgmt have previously stated there have been many local and foreign approaches.
KDR mgmt. (and shareholders) are in a very fortunate position... its a sellers market."
It would be nice for both sides of the globe to be outbidding each other for a stake in this, wouldn't want to be the unsuccessful parties reporting back to HQ, be a lot of shame not to be successful in securing potentially one of the worlds largest Li resources at whatever cost.
Freehold, again thanks for your insight, think your correct, KDR management (and shareholders) not going to give this away.
KDR Price at posting:
46.0¢ Sentiment: Buy Disclosure: Held
