DNK 0.00% 31.7¢ danakali limited

News: Australian company seeks potash mining licence in Eritrea, page-38

  1. 7,556 Posts.
    lightbulb Created with Sketch. 1776
    Who said funding won't be an issue. It's a massive issue. It's the only issue. There's a chance they won't secure the debt component to build the mine. That's why the SP is 30c. How hard is this for you to understand?

    If funding is secured, the SP will fly. If not, game over. $1 or $0.001. Flip your coin.

    You seem not to be unprepared to take the risk at this point. Fair enough. Maybe get in after the deal is done. Safer but you'd miss out out on a solid gain.

    No point harping on about it. In or out. Simple.

    So now maybe you can enlighten us with some of the 'research' you've done on potash in Africa. Surely you have some basis for declaring DNK won't get funding? And the whole "if ELM can't, no one can" crap won't fly. Or is that all you have?
 
watchlist Created with Sketch. Add DNK (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.