Potential Buy Entry Alert to Watch DNK

Time Frame : Daily/Weekly

Sector : Materials/Basic Materials

Key Stats : $198.31 Million Market Cap, VWAP 0.785, ASX Ranking 565, 4 Week Av Turnover $48,917, Current Turnover (Intraday as at time of alert) $163,328.

Company Overview : Danakali Limited (DNK) is a diversified explorer focused on potash, nickel and gold. DNK has a 90% interest in the Colluli Potash Project in Eritrea and is the Company’s current focus.

Broker Consensus : BUY

DNK – Danakali Limited

DNK is putting in the hard yards as buyers start to lift the price. We are now watching for a kick higher and then confirmation that we are on the right side of the market with a higher low. Once we see buyers taking control, then its all about the entry.

Stock Code : DNK – Danakali Limited

Company Website : www.danakali.com.au

Current Price : 0.79

Status : On watch for buy entry setup