Kidman Resources (KDR, N/R) share price starting to move north again. After meeting with Martin Donohue, MD of Kidman Resources (KDR), and Ricardo Ramos, CFO of SQM (SQM US) recently I am a big believer in this story. With plans for an integrated refinery model KDR will be able to get substantially higher margins than spodumene concentrate operations with lithium carbonate & lithium hydroxide prices at approx US$12-25k/t vs US$500-900/t for spodumene concentrate… Large, high grade mine that will be scalable and operating with SQM who are the best in the business when it comes to Lithium projects… Resource upgrade to come…
KDR Price at posting:
64.0¢ Sentiment: Buy Disclosure: Held
