Some posters are conveniently forgetting that a number of interested parties were told including Marindi on or before the 13th April last year that Kidman Resource was going it alone “with a strong focus on generating the best return for Kidman shareholders” only, in regards to their lithium potential.
Extracts from the KDR ASX release dated 13th April 2016 at and titled “Mt Holland Project Update and Lithium Interest” below: “Kidman Resources (ASX: KDR) wishes to advise that it has received strong interest recently from both local and offshore companies in respect to the lithium and tantalum rights at the Mt Holland gold project in WA.”
“However, in light of the strong interest expressed in the lithium rights at Mt Holland, Kidman has commenced a technical review on this potential, which is clearly very significant.”
“Once the technical team has advanced their knowledge on the Li-Ta potential of the Mt Holland project, the board and management will then consider the best way forward with a strong focus on generating the best return for Kidman shareholders.”
Self-explanatory statements that should need no interpretation, no deal is “No deal” and greenmail is “Greenmail”. Throwing unsubstantiated %’s in regards to the spurious claim around is exactly that, unsubstantiated.
Another interesting fact on the day of that KDR ASX announcement last year, within hours of the release, Marindi lodged an exploration licence application at 3.51pm WST (ELA77/2364, still pending) over vacant ground immediately east and contiguous to the Kidman Mt Holland - Bounty tenements.
Coincidental, No, statements from the Kidman ASX release were loud and clear and received/acknowledged by Marindi in their subsequent actions that day and lack of them also, month after month.
Grubby greenmail claims have been and will be dealt with accordingly by all, achieving and generating the best return for Kidman shareholders only. May 29th, not far away now and savvy speculators/investors will stampede into this stock any day now, IMO …Bye …
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- The 100% KDR owned Earl Grey deposit is soon to be the largest undeveloped high-grade hardrock lithium deposit in the World, a most sought after World Class Tier 1 asset.
KDR Price at posting:
38.5¢ Sentiment: Buy Disclosure: Held
