DNK 0.00% 31.7¢ danakali limited

You remember what I said 3 years ago? Geez mate, time to move on...

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  1. phw
    611 Posts.
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    You remember what I said 3 years ago?

    Geez mate, time to move on isn't it?

    Sounds like a stalker, not being able to let go of the past?
    A grudge to bear?
    A point to prove?


    They have $200m in debt finance with two of Africas largest banks

    They raised $20m in equity and needed shareholder approval for the other $30m at 60c but Covid hit and that killed off the second tranche

    Regardless of the past, I like to look to the future TopKlopp

    I know you are being a smart arse and it's pretty funny for you but this is serious to me mate


    I have a never say die attitude


    I do not and will not ever give up, especially when a company holds an asset as good as this

    Easy for you to joke and criticize as the stock goes down and you look like a hero

    But I've used the stupid selling by JPM as an advantage and now have a bigger position in the company than I've ever had before ... It's +6 million shares now my friend ... and we are going large on this one

    So, in answer to your question ... I'd say funding is a work in progress

    I'd also say the cash burn in this company has been shocking and at some stage soon, they'll need a fresh injection
    I mean the CEO on $625,000 per annum during Covid and then a fresh set of free shares and options last week for reasons still not known to shareholders?

    What a disgrace

    So mate, whilst it's quite humorous to read your posts from time to time ridiculing everyone, have you got anything meaningful to contribute to the discussion?
 
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