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$1.90 kidman resources limited

“Additional Resource The infill drilling so far has shown a good...

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roundtwo

52 Posts.

19/11/17

20:01

Post #: 28932917
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Originally posted by roundtwo ↑

“When asked about additional drilling and how big the resource upgrade would potentially be, Martin stated that they want the resource to fulfill the requirements of their future offtake partner well into the future and that it remains open in multiple directions. Likely won't see upgrade data until late Q1 or early Q2, said they have a lot of data to process from the 4 drills that have been in operation recently (still 3 going), my opinion on this and how he delivered the information was that it will grow significantly on the 128mt - IMO”

https://hotcopper.com.au/threads/an...3826944/page-13?post_id=28679211#.WhEGPqLZWEd

(Bolding is mine)

“a lot of data to process” and one of the 4 drills is taking a breather ?!

Sounds good to me

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“Additional Resource
The infill drilling so far has shown a good consistent resource but they are also drilling some other areas.”

Source: https://hotcopper.com.au/threads/an...3826944/page-15?post_id=28682496#.WhFICaLZWEd

KDR Price at posting: $1.30 Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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