Danakali Limited (ASX: DNK, LSE: DNK)(Danakali)is pleased to share the investor presentation that Head of Corporate Development& External Affairs, William Sandover, will present at ProactiveInvestors?Investor Sessions in Sydney today, 15 July 2019,and Melbourne tomorrow, 16 July 2019.
Danakali focused on closing project financing and kicking off construction at Colluli 22.08.2019 Danakali Ltd (ASX:DNK, LON:DNK) CEO Neils Wage caught up with Proactive London's Andrew Scott soon after announcing they'd received credit approval for a US$200 million senior debt facility to fund construction of the Colluli Potash Project in Eritrea.
: DANAKALI - One2One Investor Forum in London today
Proactive One2One Investor Forum presentation Danakali Limited (ASX: DNK, LSE: DNK, Danakali or the Company), is pleased to share the investor presentation that Chief Executive Officer, Niels Wage, will present at Proactive One2One Investor Forum in London today, 18 September 2019.
Danakali?s Colluli project: Primed to begin construction
ASX-listed potash developer Danakali is moving its world-class Colluli potash project closer towards development. Comfortably proven to be able to produce sulphate of potash (SOP) ? a premium grade of fertiliser ? over an almost 200 year mine life, the company has optionality to expand Colluli?s product suite with a host of potentially viable future products being explored. Recently appointed CEO NIELS WAGE spoke to CHANTELLE KOTZE about his vision.
Danakali Limited Level 11, Brookfield Place, 125 St Georges Terrace, Perth, WA 6000 Tel:+61 8 61898635/ ABN 56 097 904 302 Announcement Tuesday, 3 December2019
US$50M strategic investment fromAFC ?AFC has agreed to make a US$50M(A$74M) strategic equity investment in Danakali ?Subscription price of A$0.60per Share represents a 5%discount to Danakali?s 30-day VWAP ?Facilitates commencement of project execution activities ?On track for production during 2022
In our view, Anglo American's potential offer for Sirius Minerals, which owns the Woodsmith project in North Yorkshire, highlights the potential for consolidation in the potash space and the demand for world-class projects, of which Colluli is one. In contrast to Woodsmith, Colluli is near surface, with lower capital intensity and produces a product for which there is an established global market and pricing mechanism. We retain a Buy recommendation for Danakali and a target price of 70p based on 0.6x NAV, with the main upcoming catalysts being finalizing the project funding package and commencing development. DNK achieved a number of key milestones in 2019, securing both project debt and a strategic investor to underpin Danakali | 0,413 $
: DANAKALI The key to ensuring future food security
The key to ensuring future food security
Danakali CEO Niels Wage speaks to Mining Review Africa Senior Deputy Editor Chantelle Kotze about how its Colluli potash project, which will soon enter the construction phase, will become a strategic future supplier of premium, high-value sulphate of pot ash.