ASX Release 25 January 2024
Quarterly Report
For the period ended 31 December 2023
Danakali Limited (ASX: DNK, Danakali, or the Company) is pleased to provide this quarterly update
on the activities and financial position of the Company.
Highlights
During the December 2023 quarter, the Company announced the proposed return of 42 cents per
share to shareholders from the sale of the Company’s interest in the Colluli Potash Project (subject
to receipt of relevant shareholder approval).
Following the engagement with the Australian Taxation Office the process of obtaining a final ATO
Ruling was substantially progressed and, on that basis, Danakali confirmed the distribution to
shareholders to comprise approximately:
- a capital return of 27.3 cents per share (subject to shareholder approval); and
- a dividend of 14.7 cents per share.
Shareholder approval for the capital return was received at the Company’s General Meeting held
24 November 2023 (General Meeting).
complete text:
https://stocknessmonster.com/announcements/dnk.asx-6A1190850/