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Kidman Resources Provides June 2019 Quarterly Activities Report

11 Jul 2019  |  10:06:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: June 2019 Quarterly Activities Report

Kidman Resources provided quarterly activities report for the period from 1 April 2019 to 30 June 2019 and through to the date of this report. Covalent Lithium, the JV company in which the Company holds a 50% interest, continues to progress the IDFS for the Mt Holland Lithium Project. As a result of a change in the estimate and timing of tax payable, the Company's cash outflow for the June 2019 quarter was $1.4m, and the cash balance at the end of the quarter was $25.6m.

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