KDR 0.00% $1.90 kidman resources limited

shareholder update, page-58

  1. 2,237 Posts.
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    You've got to work backwards from the development cost, Bikida.

    If it were to cost $200m to build the mine, SQM give KDR $30m and spend $80m on the mine, so there's $90m left to fund.

    That means KDR and SQM both have to put up $45m to finish the mine.

    KDR were carried to that point, for a benefit of $70m
 
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