DNK 0.00% 31.7¢ danakali limited

I can't see the SP moving north until debt funding is stitched...

  1. 2,907 Posts.
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    I can't see the SP moving north until debt funding is stitched up.
    It is taking a long time and until then,the big boys aren't prepared to go in big time.
    I also thought that after feed,offtakes and LSE listing,the SP would rise big time.
    Still some way off before they get the stuff out of the ground and shipped out.
    I have never been a believer in a t/over but time will tell.
    They only own 50% of the project and that may put some suitors off.
    I agree that the numerous valuation reports that come out are just the usual propaganda rubbish.
    Anyone can put out a valuation report but when there is no timeline they are useless.
 
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