Danakali Ltd's (ASX:DNK) managing director, Paul Donaldson, joined the Proactive Investors Spotlight CEO Roadshow in Melbourne and Sydney this week, providing investors with the latest update on the company.
Danakali is focussed on the world class Colluli Potash Project in Eritrea, where a DFS has demonstrated the lowest capital intensity of all advanced Sulphate of Potash (SOP) projects.
SOP is a high quality, chloride free potash type with limited economically exploitable primary resources.
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The project is located at the epicentre of booming population growth in Africa and Asia, while lying close to traditional Middle Eastern and European markets.
The opportunity comes from the predicted bottom quartile cost curve position means Colluli will generate sustainable industry-leading returns throughout the commodity cycle.
Colluli is 100% owned by the Colluli Mining Share Company, which is a 50:50 joint venture between Danakali and the Eritrean National Mining Company.
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