Buyers starting to hold higher levels and get more active

Potential Buy Entry Alert to Watch DNK

Time Frame : Daily/Weekly

Sector : Energy/Basic Materials

Key Stats : $194.35 Million Market Cap, VWAP 0.77, ASX Ranking 579, 4 Week Av Turnover $60,720, Current Turnover (Intraday as at time of alert) $257,121.

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 has recently pushed up off the 0.70 zone as buyers show interest in a move up to new highs. We are now watching for a push up through 0.79 and then another higher low to build to show conviction in buyers. From there its all about the entry setup.

Stock Code : DNK – Danakali Limited

Company Website : www.danakali.com.au

Current Price : 0.775

Status : On watch for potential higher low and push up through 0.94