Thursday, June 02, 2016 1:00:22 PM
Ive been following this company since March 2015 where I met Dan at PDAC. I was impressed by his apparent knowledge, drive, and integrity. Since then, they have made huge strides of progress, and basically done everything they said, and then much more. All the pieces are falling together giving great value in todays shares. Were going to be looking very good, very shortly. The only thing DNI is missing is the tying up of the financing that will allow for the closing of Ortech Lab and some of the drilling costs. Im sure there busy with the 1st traunch getting preparatory work done for the drilling in Madagascar. The interesting thing is that DNI closed the first round of financing and hasn't started another. This tells me, they must be working on something big in the back ground or has something nearly sewn up. Plus the 2 new directors being from the battery and clean energy space indicate that theirs more than mining plans going on.
I have a pretty good mining back ground and the one thing that amazes me, is DNI can probably have the whole property drilled, assayed, an NI43 compliant resource and a PEA study all completed in a year for around $15 - 20 Million. The Saprophyte material has the advantage of skipping the dynamite, plus crushing and grinding. Huge saving in CAPEX ans OPEX plus labor in Madagascar is much less.
Having a drilled off property with high IRR PEA, plus cash flowing lab and increasing demand for graphite equals financed project in my book.
Checkmate28
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