and whats wrong with DNK? unlike them we are getting sh!te done. Theyve sat idle for decades on the largest SOP resource on the planet. They have multi generational (100yr+) resource life and thats what ill read into the comparison.
Not sure what all the whingeing is on this forum, i get it, we all have different entry prices. some are hurting. probably alot.
But the journey from an explorer to digger to junior producer WILL ALWAYS have operational issues. We're at stage 1, of 4.
Look at FMG: they also had issues, inferior grade, high debt and look at their chart: Imagine all the whingers back in 2003, imagine bailing only to see the SP in 2022!! (not to mention all the massive divies) , LYNAS all had operational issues (massive share price vol), but with all, once operational and at full capacity they all rewarded their long suffering holders....we have cash+no debt, so theres room to move and get things wrong before we get them right. At least the oz govt doesnt demand 50% of our company like DNK....
dnk will be a powerhouse if it can ever secure funding. We are comissioned with clear path to stage 4, it may just take longer than first thought.
rome wasnt built in a day peeps.
Low cost of expansion (stage 2+) vs most other metals (nickel=$1bn+). It will happen, just need patience....tthen with economies of scale + value add battery material = cashflow + profitability...
E25 Price at posting:
45.0¢ Sentiment: Buy Disclosure: Held
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