DNK 0.00% 31.7¢ danakali limited

The initial deal sheet was to raise $15 million They received...

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  1. phw
    611 Posts.
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    The initial deal sheet was to raise $15 million

    They received offers of $25 million

    They accepted $20 million

    So yes they probably could have raised more, however this is all they needed for now to start the road, purchase the water unit and relocate the camp

    I would imagine the rest will come in additional debt and then final equity will come in at hopefully higher prices

    Let's hope that's how it plays out
 
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