Danakali - Coronavirus

  1. 178 Posts.
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    It is surprising tosee that many share holders selling their shares for almost nothing.

    Selling at this level makes imho no sense, unless you try to drive the sp down.

    Obviously it‘spure panic. The sp is back to the 2016-level.
    Between 2016 and now many hasbeen achieved.


    PresentlyI would not sell a single share because of
    poor overallsentiment caused by Coronavirus.


    Danakali is not yetselling any product, therefore no income change can be expected atthis time.


    I am missing fromDanakali management a clear statement, that the progress of buildingthe mine will be according to the plan.

    Regular reports ofthe building progress would be helpful to bring back some faith.


    Thebuilding progress should be as fast as possible and business withrock salt and other
    by-products could helpto reduce the required US$50m debt.

 
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