As long as there is no substantial and visible building progress...

As long as there is no substantial and visible building progress of the mine a recovery of the share price is not likely.

Danakali is facing an almost continuous short sale attack (see https://shortvolume.com/- replace GOOG by DNK), which is affecting the sp and may cause sales of nervous share holders.

Probably the continuous sale/buy-system of substantial holders like J.P.Morgan is not helpful (seehttps://www.asx.com.au/asxpdf/20200514/pdf/44htbgk8dk0ypq.pdf)