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8.8¢ danakali limited

Ann: Quarterly Activities Report and Appendix 5B, page-49

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VatreniHR

2,290 Posts.

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14/11/21

19:16

Post #: 57566365
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Originally posted by arsenic: ↑

Not if it's an extra stage. E.g In a Copper miner IOCG - Iron oxide-copper-gold like say Rex Minerals. If you going to produce copper and the iron is a waste product unless it gets it's own BFS done for it then you're blowing smoke Same for the Uranium.

People going on about pricing based on Magnesium metal going up (not MgSO4) due to an unusual circumstance are blowing smoke. At this point, there aren't any definitive studies done for producing MgSO4 let alone to what market purity level. What has been done is the equivalent of waving hands and saying 'it's there.'

That happens in a boom usually with the corresponding regret later. I would prefer the Co. not be noted as "Disallowed salesmen". IMVHO.

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Patience young padawan. The company will be making an announcement to the market with further details.

DNK Price at posting: 51.0¢ Sentiment: Buy Disclosure: Held
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