I personally believe DKO is ready to go gangbusters because of following 10 keys reasons,
Rise in interest of market on DKO after announcement of encouraging Metallurgical Results from Lynas Find Li Project
Company is in the process of completing resource modelling and estimation to develop a maiden mineral resource for Lynas Find Lithium Project (Western Australia) by Q3 2016
It is simultaneously undertaking metallurgical test-work on core samples to determine optimal processing routes for the Spodumene ore
First pass drilling underway for Portugal Lithium after encountering encouraging surface sampling results of up to 2.8% Li2O; initial results expected by early October
Company pursuing successful grant of all tenement applications for Portugal Lusidakota Lithium Project by Q3/Q4 2016
Hoping to see amicable resolution soon between objector Roy Hill Infrastructure Pty Ltd and Dakota Minerals for the new DKO Tenement Application (E45/4689) [located between the Wodgina and the Pilangangoora-Lynas Find district (considered to be prospective for Lithium mineralization)]
Company’s clear plan to grow project pipeline and tenement portfolio via strategic acquisitions in Australia and other prospective jurisdictions
Lithium Industry expert Professor Dudley J Kingsnorth appointed Director in company having 45 years’ international mining industry experience
Strong cash position (~ 14 Million Dollars) to advance projects quickly
Management team capable of growing Dakota into a high quality diversified Lithium play
Disclaimer: Do your own research before investing in DKO (Dakota Minerals Limited)
DKO Price at posting:
8.0¢ Sentiment: Buy Disclosure: Held