I'm new to the Lithium game and have found this thread very helpful, so thank you to all that have posted.
Its not easy to see the downside with this stock, cashed up with what appears to be good grades in their drills, even though it is Petalite, they have identified their market and seem to be going full steam ahead.
I have two worries that are holding me back, first is the lack of director buying, with small caps like this it is always a concern when the directors have no skin in the game, but with the cash the company has I cant see the price dropping much in the near future.
The second issue is that I read they are thinking about a processing plant, which will be in the range of 300 million to build? did I understand this correctly?
That will be a hell of a cap raise and if it is needed to aid production it could be sooner rather than later.
Does anyone have any thoughts on this, if I have read this wrong, please feel free to correct me
DKO Price at posting:
5.5¢ Sentiment: Buy Disclosure: Not Held
