DNI Metals Inc. (DMNKF)

[Luke_McCain]

This morning's email from DNI

For those of you who did not receive it, here are a few key sentences:

DNI has a very clear strategy in order to be a graphite miner/producer:
1.Build a client base – this is the most important – and the purpose of our wholesale business.
2.Low cost high quality producer – both operating costs and capex. – “Saprolite advantage.”

Note which one of the" three prongs" is missing. (Also, from the March Presentation .pdf)

DNI has publicly stated that “DNI’s management team, continues to assess Graphite Assets, around the world.”

Our first graphite project is funded to a PEA (Preliminary Economic Assessment)

I found the addition of first very interesting.

Reading between the lines, the lab purchase has been moved down the road, in order to purchase more graphite properties with the private placement.

Not satisfied with intuition, I replied with my comments, concerns, and questions.

DW wrote back, and long story short: the lab will be purchased, eventually. At this time, there is more of a problem with market/investor perception regarding it, paraphrasing his remarks.

Enjoy the rest of your weekend!