By CapEri,
Danakali (ASX: DNK) shares are signaling bullish
signs as the last trading week of 2015 comes to
an end. The short-term price trend outperforms
the long term since shortly before Christmas with
a share price development of + 0.02 (7.41%)
closing at 0.29-cent AUD.
This leaves the price at half the level of a 12-month
price target set by some investment analysts and
the list of indications that the price target could be
outperformed is increasing.
The company’s recent Definitive Feasibility
Study (DFS) revealed improved economics of
the Colluli potash project confirming a Phase 1
development capital reduction of 30%.
Colluli is a very large potash reserve located strategically well to serve booming population growth in Africa and Asia, while also lying close to traditional Middle Eastern and European markets.
read more :
http://www.tesfanews.net/danakali-emerging-potash-miner/
DANAKALI Forum in Germany
http://www.wallstreet-online.de/diskussion/1213453-1-10/danakali-ltd-eritrea-colluli-potash-project
STB Forum in Germany (since 2006)
http://www.wallstreet-online.de/dis...uth-boulder-mines-australien-gold-nickel-uran
By CapEri, Danakali (ASX: DNK) shares are signaling bullish...
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Last
8.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $151.0M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| DNK (ASX) Chart |
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