Danakali Ltd (ASX:DNK) is focussed on the world class Colluli Potash Project in Eritrea, where a DFS has demonstrated the lowest capital intensity of all advanced SOP projects.
SOP, otherwise known as Sulphate of Potash, is a high quality, chloride free potash type with limited economically exploitable primary resources.
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.
Find out more from Paul Donaldson, managing director, at Proactive's Spotlight CEO Sessions in Melbourne and Sydney in April 2016.
Melbourne Investor Sessions, Tuesday, 12th April.
Sydney Investor Sessions FINAL 3 SEATS EMAIL, Wednesday 13th April. Click here to contact Pauline if you wish to attend.