Harlequin would have more understanding of the upside here than dingyi or anyone else given they are an original shareholder.
ELM is already world class but Dougou could really set the world on fire. Ed-01 was the first and only hole drilled at Dougou grading 57.66% kcl. I have never seen a higher reported grade anywhere in the world after searching the web and the prospective area is 10 by 20 kms.
Dingyi made the fatal mistake of not taking Pala out when they had a chance. I guess the billionaire didn't in his wildest dreams possibly think that a guy would throw $13 mill at a 70% premium to take out Pala.
But Billionaires make mistakes too and I think this one will prove to be a big mistake in time.....
K2P Price at posting:
24.5¢ Sentiment: None Disclosure: Held