Global uncertainty will always be there whether real or manufactured by the big investment houses to suit their own needs.
Brexit is a mess, the trade standoff between the US and China is a mess, there are heaps.
But unless there is something totally from left field, maybe some alien technology that drops from the sky then the ICE is slowly on the way out, yes it will take time but when you have China and India taking leading positions then this is NOT going to stop, it will only gather more pace.
There has always been speculation about TO associated with KDR, as is the case with all junior mining companies, the majority of the time it is wishful thinking, but when SQM did there deal with KDR it said that in this case there will in all probability be a part 2.
When, who knows, the chai leaves might know, or they might not, I would think it would be in the best interests of shareholders for such a bid to occur after the DFS and decisions to mine and build the refinery are taken, surely the share price will be north of where we are now and a more realistic offer price would be on the table, so for me, no hurry for a TO offer until Q3 19 maybe.
I am sure MD would like the share price to appreciate so that the performance tranches could come into play giving him even more shares, I know I would if I was him.
Just my thoughts
Rayda
KDR Price at posting:
$1.22 Sentiment: Hold Disclosure: Held
