GREY:DMNKF - Post by User
Comment by
peteroton Jan 25, 2018 12:00pm
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Post# 27432532
RE:RE:RE:DNI Metals - Delivers Bulk Sample to India
RE:RE:RE:DNI Metals - Delivers Bulk Sample to IndiaTwo things the market is waiting on: 1. Env. permits 2. Financing The arbitration is a non issue other than it will likely cost DNI a few hundred thousand to settle. DNI's immediate plans require additional cash and this is the big question IMO. Shareholders and potential shareholders are hesitating to buy in the public market in case a PP is announced. If they can source some cash with out issuing more shares those sitting on the sideline will cause major buying pressure and the share price appreciation we are waiting on. There are ton of warrants outstanding that are in the money and close to being in the money which is a obvious source. But what I expect and hope Dan is working on is an advanced payment/loan from an off take or a royalty/streaming deal. This should be a easy given how close DNI is to production and the margins. Doing another big raise by issuing shares is not my preference unless they can get the price over .25.