OTCPK:DSLEF - Post by User
Post by
Dtraders1on Apr 25, 2018 8:14am
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Post# 27936392
Newsss
NewsssSo now we know roughly how much this first shipment is worth, 3.8 millions dollars. So I estimate they sold the concentrate at 180 CAD/ ton then they discount 40USD/ton and result 126CAD / ton. If we calculate initial 150000 ton, this should give around 19 millions dollars of gross revenu for a period of 12-18 months , not bad for rocks haha. What will be more interesting is the evaluation of what is in the land, this should come later this year. Nice start for DLI now let’s hope anonymous is finish with all this selling and i must say, in my 20 years of trading this is the first stock with that many anonymous trading with lots of volume! They would had made more money if they liquidate at a slower pace so I believe this is a case pf someone really need money fast by judging the high and low behavior since a few week.