Yes, this asset would be on the radar of a few other people/countries
Some of them wanting it to fail, some wanting it to succeed
Firstly, AFC (Nigeria) (despite not giving us the balance of cash at 60c) would still want success as they are a bank and want a return on their investment as well as supply of the debt part where they will earn a nice annual % return
Eurochem (swiss-based but Ruski's) want it to succeed as they want the off-take on the product to enable them to grow and expand/diversify into the African continent
The big Canadian miners will be watching and would probably only come in once it's in production and running smoothly but would happily write out a monster multi $B cheque
Yes, the Chinese are looking for failure so they can come in and swoop on an asset that will give them food security for the next 1 or 200 years
Across the Red Sea and we have Saudi and UAE who have large chemical conglomerates that could easily supply funds or just take out DNK without too much effort
Mmmmm, who else, someone else I'm sure
Anyway, this story is not over just yet
Look at KLL in Oz that were 80c or so and then cost blow outs etc meaning a 15c capital raise
Look at Salt Lake in Oz who continue to have to raise large amounts of money to stay afloat
Something aint right there
And then we have slow DNK that I call the Donkey
We could also call it the turtle
We could call the West Oz potash wannabes the rabbits
We know how that story ended
Additionally, as an example, I've held another stock since IPO in 2006 called E25
It has been mentally challenging to hold, copping criticism over it for many years etc etc, but then the headwinds become tailwinds in March this year, and the 10c stock runs on to $1.50 today (on it's way to $10 in my opinion)
And then you make a heap of cash
We just need some tailwinds for DNK and it's game on
If it was easy, everyone would be doing it.
It isn't.
It takes conviction and mental strength to pick and hold on to winners
I'm holding DNK and let's see what happens next year
(20min delay)