DNK 0.00% 31.7¢ danakali limited

Yep, well played Brucey I honestly believed it was a $5 stock...

  1. phw
    611 Posts.
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    Yep, well played Brucey

    I honestly believed it was a $5 stock (and I still do)
    As the company grew it bought in management with zero ownership of shares, big salaries and no idea about the stock market, shareholders or promotion etc

    I've given up on DNK for 2020 as plenty of other things going on
    This is despite holding a huge amount of shares but it's hard to go up against the selling power of JPMorgan and many other headwinds

    I'll re-focus my efforts into DNK in 2021 and it is already my New Years resolution to get them higher again
    We got them from 10c to $6 in 2011/12 and whilst thats a big ask, never say never in the stock market

    (It would certainly help if real demand for the product/commodity increased and the underlying potash price rallied! ... but thats out of my control)

    Remember this project is ridiculously large.
    The Chinese would be circling like vultures to take it from us
    But in the end I don't think anyone wants them to be in control of an asset that is so important to global food production for the next 100 years or so

    Let's see how we go next year
    The fat lady hasn't sung yet
    Last edited by phw: 16/12/20
 
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