"LAKE JOHNSTON LITHIUM OPTION Poseidon is aware of the recent Kidman Resources ASX releases. The Company is unaware if Kidman will exercise the option to lease the Lake Johnston plant before it expires on 31 August 2017.
Poseidon is however pro-actively assessing alternative options for Lake Johnston including processing pegmatites from our Lake Johnston or adjacent tenements. Weather permitting the Company plans to accelerate its drilling programme at Lake Johnston"
KDR Price at posting:
58.0¢ Sentiment: Hold Disclosure: Held