KDR 0.00% $1.90 kidman resources limited

Quadruple production in Chile. See “potential” in...

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    Quadruple production in Chile. See “potential” in Australia.

    Doesn’t sound very gung-ho to me. Looks like another case of putting a foot on potential supply while it’s business as usual for the downstream guys making all the money now. There is no hurry at Mt Holland IMO. 

    Enjoy the dead-cat bounce because it’s going to take a lot of buying to reverse the current weekly downtrend.

    I’ll be back to comment once the share price hits the new horizontal zone of support/resistance that I highlighted in my previous post. The previous two zones of horizontal support/resistance that I highlighted in my charts didn’t last very long at all. Esh





 
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