Long
Kidman Resources - Outperforming The $LIT ETF
Upcoming milestones: Kidman is expecting to put out Definitive Feasibility Studies (DFS) for both the mine/concentrator and the refinery by the midpoint of 2018, start production in 2019, with the refinery going live in late 2020.
Upcoming Price Catalysts
-----------------------------------
Further assay result from Earl Grey 1H2018
Refinery Update - Financing and location.
Deposit size upgrade 1H 2018
Off-take deal announcement. Near Term
Define second deposit at Bounty area. 2H2018
Commence building of mine : December quarter 2018
ASX 200 Inclusion
Gold Asset Divestments
Highlights
---------------
* JV with No 1 lithium producer
SQM
* Fully funded to mine production
* Deposit will likely double
* No offtake agreements signed as yet
* Clear takeover target
Research Notes
--------------------------
JP Morgan $2.50
Blue Ocean Equity $2.50 short term and $4 long term.
JORC Deposit
--------------------
128Mt at 1.44% Li20 for 4.54Mt LCE
Corporate Snapshot
------------------------------
Shares on issue: 350.14M
Options on issue: 47.45M
Cash (Sept 2017): AUD$6.23 million
Debt : AUD$6.3 millionn
Upcoming Price Catalysts
-----------------------------------
Further assay result from Earl Grey 1H2018
Refinery Update - Financing and location.
Deposit size upgrade 1H 2018
Off-take deal announcement. Near Term
Define second deposit at Bounty area. 2H2018
Commence building of mine : December quarter 2018
ASX 200 Inclusion
Gold Asset Divestments
Highlights
---------------
* JV with No 1 lithium producer
SQM * Fully funded to mine production
* Deposit will likely double
* No offtake agreements signed as yet
* Clear takeover target
Research Notes
--------------------------
JP Morgan $2.50
Blue Ocean Equity $2.50 short term and $4 long term.
JORC Deposit
--------------------
128Mt at 1.44% Li20 for 4.54Mt LCE
Corporate Snapshot
------------------------------
Shares on issue: 350.14M
Options on issue: 47.45M
Cash (Sept 2017): AUD$6.23 million
Debt : AUD$6.3 millionn
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.