KDR gave away half of a Tier 1 resource to SQM for US $110 million. That is a terrible example of what we should do. The only winner in that scenario was SQM. Thankfully for KDR SH (myself included), WES was desperate to get into battery minerals and launched a successful TO of KDR’s remaining half for around $776 million.
As for liquidating the LPD investment, correct me if I’m wrong but isn’t that currently only worth around $5 million? That won’t even make a dent in the capital requirements for SDV, so it’s not worth worrying about IMO. Still, it’s not GXY’s worst investment, still up 70% from the SPP.
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