DKO 0.00% 5.6¢ dakota minerals limited

The timing, price and magnitude of the CR along with the less...

  1. 44 Posts.
    The timing, price and magnitude of the CR along with the less exciting bore logs being sent almost straight away after the CR didn't inspire confidence in me that DKO is being managed with the shareholders as the primary consideration. I am still in Hold/accumulate mode because the fundamentals are solid.

    With cash in the bank, an extensive drilling program and a proven resource in the area (as per the first announcement) this SP simply can't keep dropping. I was at a storage conference a few weeks ago; the EV sector will pump in the next 5 years. This is the tip of the iceberg. It is not a bubble.

    For the above reasons, I feel this is oversold and I expect we are due for a bounce shortly; with a small market cap, this thing can gain serious momentum on good news.
 
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