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amertoo

2,073 Posts.

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28/04/18

14:36

Post #: 32740078
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Originally posted by Rayda ↑

@amertoo

My guess with the mc comparisons is that a great many investors don't know how to accurately value KDR with regards the 50% JV with SQM. I am sure there are a great many that have looked at similar companies and then have taken 50% to get an indication of the market cap and hence share price.

I know many will say that there are a number of analysts reports out there that have target prices significantly higher than where we are currently but I think a great many people would not use analysts reports for toilet paper let alone influence their investments decisions.

Once we get the refinery business sorted and a timeline many people will be able to do their own back of an envelope calculations on future revenue/profits and then we will see a better understanding of the markets thoughts on an appropriate mc for KDR.

Just my thoughts

Rayda

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Thanks people2many beers

KDR Price at posting: $1.97 Sentiment: Buy Disclosure: Held
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