RIL 0.00% 0.3¢ redivium limited

KDR/WSA Farm in agreement, page-2

  1. 576 Posts.
    KDR is very bullish on lithium while WSA is still bearish. WSA have cash to fund their own lithium exploration very easily if they wanted to but they are keeping an arms length. The agreement is simply hedging their exposure to lithium. KDR needed the land at some point as the boundry and infrustructure on WSA land next to the earl grey find is too close. Their bounty also extends east into WSA. Nickel is what WSA is after and if any high grade intercepts are found in HNR drilling in forrestania then they will consider it.
 
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