To all those holders panicking, fear not.
At $12000 per tonne (much lower than today's LiOh price) with a 30% risk discount, the company is valued at over $3 per share. We have a great partner and are already financed to build the mine , which puts KDR at a big advantage and strong news flow will come this year (studies, offtakes).
We're talking a number of months for the story to come together, but management are working towards making it all happen and the next update will not be far off.
In the background, the relentless growth of EVs will really begin to capture people's imagination; 2% sales will amble to 10% and as the cost curve intersects with combustion engines (predicted 2024) watch it rapidly scoot past 50% in a short period.
The EV trajectory will be oblivious to Trump's theatrics. KDR is a great place to be right now.
KDR Price at posting:
$1.62 Sentiment: Buy Disclosure: Held