Australia's largest stock trading and investment forum Australia's #1 stock forum

KDR

Click for more information

0.00%

$1.90 kidman resources limited

Thank you to Simon Tritton, page-2

First 2 Last

Share
Profile

Follow
Kipper01

8,078 Posts.

650

08/07/17

13:50

Post #: 25744884
Share

Originally posted by Paul100 ↑

While everyone is high fiving the result maybe we should consider how lucky we got.

It is clear from the reading the court result that KDR management and board would have sold the rights to MZN if it had not been for Simon Tritton.

Now I have no idea what he said to Donohue but I am greatfull.

However it reflects very poorly on Donohue himself as his judgement was very poor.

When the guy next door knocks on your door as says I want to buy your house in a hurray surely you would wonder why. But apparently Donohue does not. He precedes down the path to making a deal and only after his conversation with Simon Tritton does he actually get his geologist to take a look ay the Mt Holland Ground.

Surely the first thing you do in any deal is to at least understand what you are selling. If you dont do this very basic thing how can you even know that the selling price is fair. In this case we would have sold for a fraction of its value.

While I am relieved this case is over it reflects very poorly on KDR management.

Expand

Good post and point Paul.

One hopes that this has been a good lesson and that management has surrounded itself with experienced people to advise them from here on.

Kip

KDR Price at posting: 62.0¢ Sentiment: Buy Disclosure: Held
12 Upvote

0 Great analysis

Reply

Top Stories

IR1

IRIS shows high purity spodumene can be produced from South Dakota's Beecher project

EQN

Equinox makes REE and titanium dioxide discovery at Brazil's Mata da Corda

MLS

Metals Australia gears up to drill Big Bell North gold project targeting untapped greenstone

SNX

Sierra Nevada Gold taking an RC rig to Blackhawk, Nevada – in the hunt for silver

RGL

Riversgold has rockchips boasting a holy trinity: gold, copper, and antimony. Can it move to drill?

There are more pages in this discussion • 47 more messages in this thread...

First 2 Last

Add KDR (ASX) to my watchlist

SPONSORED BY