RE: Strategic 50 million usd investment from AFC6 Feb 2020 11:16
I haven't bought any more shares in DNK since 2015-ish.
But at these levels, I'm adding a few here and there.
You just have to check out AfricaFC website at www.africafc.org and see where this is heading.
AFC's core mission is to address Africa's infrastructure development needs while seeking a competitive return on capital for their shareholders.
Since inception they have committed US$3bn to funding large scale infrastructure projects across Africa, including:
PORTS and ROADS.
Ports in Gabon, ports in Mauritania, port extension in Ghana, other ports across West Africa.
I think that behind the scenes the DNK agenda is to:
1/ Get this project up & running
2/ Get production/export up to 1mtpa through the current port of Massawa (230km away)
3/ Get AFC to fund and build a new port at Anfile Bay (87km away) (no cost to dnk)
4/ Ramp up production/export of SOP to 2mtpa, then 3mtpa, then 4mtpa, then 5mtpa
5/ Start shipping the rock salt, gypsum, sopM
6/ Make massive annual profits for the next 100-200 years
7/ Pay massive dividends to shareholders every year for the rest of our lives.
I kinda wish the company would push this bullish scenario.
They are too conservative in my opinion.