Kidman Resources (ASX:KDR) On February 1, Hartleys released a...

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Patbev

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01/03/17

17:24

Post #: 23019485
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Originally posted by mistie ↑

Every well managed Company has a signed HOA or letter agreement with an exit clause in "limited circumstances" before shooting their mouths off, except MZN off course.

As I said before, the Capri case dismal served its purposes as Fvolvo rightfully and wisely posted.

Augers well for KDR, as the case revolved around MZN Directors disclosure to market in regards to a hearsay contract. No signed contract or letter agreement so case dismissed.

A brilliant move by Capri lawyers, ducks lining up for Capri and indirectly KDR.

Hence no buying volumes for MZN based on the Capri case dismissal.

Meaning, if MZN do not withdraw the claim before the trial date then the MZN Bods may be defending malicious damages claims from Capri and other shareholders when the case is emphatically dismissed, as malicious intent will be a given at this point of time.

Pict, Keep your head up and good luck with MZN.

The very best to KDR management for the excellent acquisition and JV partner. Exciting future for all KDR shareholders. Not long now for that upward and beyond rerating!!!

“In time with drill meterage and assay results to boot the spodumene bearing pegmatite swarms at the Mt Holland Project will rank highly and within the upper echelons of the current Lithium fields in WA, IMO.” September 2016. Tick

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Kidman Resources (ASX:KDR)
On February 1, Hartleys released a broker report on Kidman with a speculative buy recommendation, and a price target of AUD 1.28. Currently, the stock is trading at AUD 0.50, with a market cap of AUD 158m.
Upcoming catalysts include:

Q2 2017 - Resource upgrade.

Mid 2017 - FS release expected.

2018 - Commence lithium production.

http://seekingalpha.com/article/4050011-lithium-miner-news-month-february-2017
KDR Price at posting: 48.5¢ Sentiment: Buy Disclosure: Held
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Kidman Resources (ASX:KDR) On February 1, Hartleys released a...

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