DNK 0.00% 8.8¢ danakali limited

I wouldn't be surprised if a major potash player comes in and...

  1. 1,583 Posts.
    I wouldn't be surprised if a major potash player comes in and buys out dnk's portion to make sure the potash stays off the market and protect the market pricing (think bhp buying umc years ago, same strategy but for iron ore). Not sure how that would go down with the Eritrean govt as they need hard currency for their economy? But then again you grease the right palms at the right level, anything is possible.
    Either way we have a significant strategic resource which should see some upwards price movement from here.
 
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