\"Cashflow is king.\" Relationship between $DMNKF & $GLKIF
Post# of 119
Quote:
While DNI has a graphite deposit of its own in Madagascar (a place we have lauded in the past) the material it is selling to Great Lakes will be sourced from several producers in South America. The move to intermediation, rather than production, in the short term shows that DNI are also into thinking outside the box and would prefer to generate cashflow than wait around for their mine to eventually reach production. Cashflow is king.
One has to wonder if Great Lakes and DNI Metals may eventually become a double act, with one becoming the producer and the other the processor. Such an arrangement would certainly be more appealing to investors who like their miners a la carte.
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