When you do the maths it's obvious DKO is not overvalued as some may think.
IMO what we are seeing is the market overshooting with the share price now undershooting.
We have companies with advanced projects with MC's in the hundreds of millions.
Then we have explorers with $20M MC's about to acquire a land package or with nothing more than a few rock chip samples and if they are lucky, a couple of $Mil in the bank.
On the other hand, DKO
$40M MC
$12+ M in the Bank
De risked as we have actually drilled, and sitting on high grade lithium on a massive land package with our own little rock samples scattered all around us.
Once the market / stock finds a bottom and we find more Lithium....up we go
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- Drilling results due Friday 17 for Phase 2 at the eariest.
Drilling results due Friday 17 for Phase 2 at the eariest., page-13
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