The $80M goes to developing the Lithium project where its shared...

The $80M goes to developing the Lithium project where its shared 50:50 between KDR and SQM.

So the benefit to KDR is really only $40M.

Refer to the press release:

" In consideration for the acquisition of a 50% joint venture interest in the Mt Holland Lithium Project, SQM will make payments of US$110 million (A$146.67 million1 ); comprising a cash payment of US$30 million (A$40 million) to Kidman (note it states to Kidman only), and a staged payment of US$80 million (A$106.67 million) to fund the initial costs of the development of the Mt Holland Lithium Project. The 50:50 JV will come into effect upon the execution of definitive documents, the satisfaction of the relevant conditions precedent and the payment of the full US$110 million (A$146.67 million) by SQM. Kidman will also have an option to participate for up to a 50% interest in a proposed refinery to produce lithium carbonate / hydroxide that will be underpinned by the Earl Grey resource at Mt Holland. Kidman will retain all gold rights at the Mt Holland project."