Global comps

Taking a look at some of the comparable globally that are like DNK in the expectations phase....

Sirius which I have mentioned here before is +£400m mkt cap and their resource is situated deep underground smack bang in the middle of an area of outstanding natural beauty.

Karnalyte Resources (KRN) is situated right in the middle of Canada - last time I looked the transportation costs to get their product (should they ever get it to that stage) will provide significant cost hurdles. This however hasn't stopped them getting $700m in funding.

DNK with a mkt cap less than $60m looks more and more compelling viewed against its peers given its geography let alone the rest of the positives that it has going for it....