DNK 0.00% 8.8¢ danakali limited

Ann: Quarterly Activities Report and Appendix 5B, page-7

  1. 4,305 Posts.
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    Yeah agree, they clearly indicated that the debt portion should be done within the next couple of months (not 3 months as I said in my previous post). But the equity raising is another matter. Also I think the use of "shovel ready" sort of gives the wrong impression as even once the project funding is bedded down there is a heap of work to do before any shovels get to be used.

    Will the debt deal finally be the milestone that pushes the DNK price up - last year someone was posting that the equity raising would be at something like $1.20, at the time I thought that to be way too cheap, but nothing so far has managed to push the share price out of the 70c - 80c range it has been at for yonks.
 
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