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31.7¢ danakali limited

What is concerning, is due to travel restrictions, the staff...

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Spiny Norman

819 Posts.

82

16/03/20

09:09

Post #: 43509074
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Originally posted by Wild Cat: ↑

Hi StockExplorer.

Just read the meaning of the comment you made " unless you try to drive the sp down."
It appears as if someone has been trying to drive the sp down for almost a year now and this contagion has been a godsend for them.
Why don't you email management and request that they do make:-
"a clear statement, that the progress of building the mine will be according to the plan. Regular reports of the building progress would be helpful to bring back some faith. The building progress should be as fast as possible and business with rock salt and other by-products could help to reduce the required US$50m debt."
Let's see if management actually care about the share price or not.

Personally, I am pead off that they spruiked the company by suggesting that we will get a re-rate once the finance was approved and the exact opposite has just happened.

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What is concerning, is due to travel restrictions, the staff required for construction may not even be able to get there. I would also expect expat companies to be pulling their staff back home, not wanting them to be in a country with a -let's say it- less than optimal health care system.

DNK Price at posting: 38.0¢ Sentiment: Buy Disclosure: Held
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