KDR 0.00% $1.90 kidman resources limited

The question asked at the meeting was "has RIO made a site...

  1. 354 Posts.
    lightbulb Created with Sketch. 192
    The question asked at the meeting was "has RIO made a site visit" ....No.

    The real question should have been "has RIO made any contact" ?

    But that is totally irrelevant: IF RIO are running the numbers on SQM then RIO are backing SQM's DD on KDR. Therefore: it follows that, 'if' RIO buy the SQM stake then all they have to do is delay and or starve, (read: encountered technical difficulties, production delayed 2 years) KDR of funds until the share price collapses and they get KDR for nothing. Thats what the big D....'s do when they come out swinging.
    Do we have the management & board experience to stop this happening: NO.
    The obvious obfuscation at the meeting said it all.

    Beware the RIO SQM announcement : take profits and move on.
 
watchlist Created with Sketch. Add KDR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.