My previous posts make it pretty clear that if I came across DF drownng I would pass him a rock. However, I have to admit that he has done a good job in building up cash in the bank. And money is energy. It makes things happen! If it wasn't for the initial Lynas play management wouldn't have been able to CR at 20c!
Language all along has made it clear DKO never wanted to be just another Pilbara region operator which are all competing for Chinese contracts.... the region is a red ocean.
I also have to admit that management were visionary in getting into Portugal early. Once all tenement applications are approved, we will have well over 2500sqm. The drilling so far has occurred in an absolutely minuscule portion of the land we will soon have!!!
Portugal puts us in a blue ocean... no competitors to speak of.
I don't think management should be getting performance shares and I would like to have seen Lynas sold for more but at the end of the day, all steps have served their purpose and gotten us to where we are which, is in a very sweet position... there is only upside from here.
If we get more good drill results next week, DKO will become sort after as project viability becomes clear.
A dual listing is totally inevitable. We will start playing in a different league to most other Li juniors.
A bulk sample has already been sent off to the German lab (forget its name) to determine optimal processing methods I.e. management are already thinking production and I have absolutely no doubt the good professor is researching the hell out of the most feasible carbonate conversion option.
DKO management are serious about success in Europe and have taken all the right steps to make it happen.
My previous posts make it pretty clear that if I came across DF...
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