DHR 0.00% 0.2¢ dark horse resources limited

Ann: Las Tapias Lithium Project Update, page-24

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  1. 1,888 Posts.
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    Well, I would probably assume if LKO goes to 0.01 its a negative leak. If it goes to 0.04 then its a positive leak.

    This would be enough to move the share price. (0.02-0.03 just noise).

    But actually I dont think there will be leaks. I think if news comes re lift onshore drilling then LKO would do 60-80% day one and perhaps 25-30% day two. But let me revise those figures a bit more.

    To use an analogy fron apocalypse now I feel we are now at the dolong bridge (raw deal) and colonel kurtz is just across the border.

    LKO will not fully back the share price for DHR imo. But a divestment is possible in the event of a takeover. Im quite comfy here, but if you want to protect your remaining capital and not happy with the risk reward hop off at the border.

    Cambodia not for the faint hearted.
 
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