DNK 0.00% 31.7¢ danakali limited

Eurochem would have done an insane amount of due diligence...

  1. 457 Posts.
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    Eurochem would have done an insane amount of due diligence before committing to a BINDING agreement for up to 100% of it...so it is going to have to get some traction sometime

    definition of due diligence...
    a comprehensive appraisal of a business undertaken by a prospective buyer, especially to establish its assets and liabilities and evaluate its commercial potential.

    If Eurochem have done just that and want in..and want all of it ...thats a pretty good tick of approval for the projects "commercial potential"

    must be a big rerate coming soon...when some of the big players have had a chance to digest eevrything..and the new binding agreement...and the LSE listing will unlock that IMHO
 
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