from Hot Copper "phuket guy" 23.02.2021/1516 :
" Ok I figured out how to do this new thread thing thanks..
look here's the story on DNK it was actually one of our members who set this company and project up back around 2005. it was called south boulder mines and was at 10 cents. they got the stock up to 6$. he sold a lot an took off to go surfing in S America. But he left the company with cash and some competent corporate managers. Unfortunately as shareholders are fully aware they have not shown themselves to be very entrepreneurial recently so things have lagged a bit and costs ran a bit high. This is all solvable.
We came in and took out the JP Morgan block of shares as they have been the main guys selling the market down from 90 cents. (they had a resource fund liquidated and had to sell 20 mill shares) They have been the main selling pressure depressing his stock and all shareholders. We just took them out. So this stock should naturally go back to 90cents -1$ by itself now.-which is where it was before they started dumping.
Meanwhile we are going to help get the deal sorted and he last USD 120 mill raised and get this project going full steam ahead again.
So far each project we have taken on since we started our 10baggerclub has 10 bagged. (or on its way to) we want to keep up that image. We bought into this stock at 39 cents so I guess were gonna go with it till at least $3.90. We know its worth far more than that.
This is an amazing story, its good for humanity its good for Africa and we are gonna help to get it done in a green way. So don't all you bored or frustrated shareholders don't worry about how it's been the last few years, things will change. Buy some sit back and enjoy the ride. And lets do good for the world.
Just remember its market cap is now still only A$150 mill. Its NPV is already A$1.9 billion . And that's kinda just from their first DFS that just considers potential SOP production at a low level. It doesn't take into account the massive co-credits like Green hydrogen gas, salt etc to come from this.
Or its 200 year mine life.- which will have any major company trying to buy it out IMO as we move forward. how many comanuy can promise a 200 year profitable mine life? and the market for fertilizer and food is only growing and growing.
This project is a monster, the SOP asset the best in the world by far, This project has it all going on. So watch us assist management to get it done. its good for the world and Africa. "
Zurück
