I don't hold Kidman, but I watch with interest. The Copper Price is going up again, Chinese Imports of Copper are up 50% to 450,000 tonnes in the last year. Copper is down to its lowest Levels in 5 Years in London Metal exchange warehouses, to 212,000 tonnes, as the European and Asian manufacturing Industry gains Momentum.
Good High Grade Copper deposits are hard to find, especially more than 1%. Kidman needs to keep Drilling, they have some good Prospects, Home Of Bullion, Browns Reef, Western NSW. Plenty of Copper is needed in China for its expanding Electricity System, Construction and Infrastructure Industries, such as Railways. .
I watch for further KDR Updates.
KDR Price at posting:
7.5¢ Sentiment: LT Buy Disclosure: Held
