DNK 0.00% 31.7¢ danakali limited

JP Morgan Acquire 9% of DNK, page-11

  1. 1,035 Posts.
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    None of it guarantees success. Look at SDL. A world class IO resource in Africa. The Chinese were all over that years back. Look how that worked out. A story so sad its almost funny.
    I have no doubt our resource will be mined, and the sheer enormity and quality make it all the more attractive. The question is by whom will it be mined? Where there is money to be made, there is rarely integrity. Microcaps can be easily played with by the big boys. Why pay $5 a share when they can have their way with the SP over the next couple of years and pay much less? Fingers crossed that management are smart and stay 1 step ahead so we all get the return we deserve. I won't be putting the house on it, just in case.
 
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