DANAKALI Ltd., Eritrea - Colluli Potash Project

03/03/2020  8:24 AM

Danakali - Colluli SOP Project update

https://www.asx.com.au/asxpdf/20200303/pdf/44fpp2wsbrpbhj.pdf  

erstes Kursziel erreicht!  

Offenbar haben auch einige Danakali-Aktionäre eine gewisse Panik.

Wegen der gegenwärtigen Corona-Krise würde ich keine einzige Danakali-Aktie verkaufen.
Wer das Geld nicht unbedingt braucht, sollte lieber auf bessere Zeiten warten.
Zur Zeit macht der Verkauf der Aktie - meiner Meinung nach - keinen Sinn.
Der derzeitige Aktienkurs entspricht dem von 2016.
Zwischen 2016 und dem heutigen Tag hat sich allerdings viel getan und Danakali ist jetzt kurz vor dem Baubeginn der Mine.

Danakali produziert gegenwärtig keine Waren oder Dienstleistungen (abgesehen vom Bau der Mine). Mit einem Gewinneinbruch – wie bei vielen anderen Firmen – muss hier also nicht gerechnet werden.
Vom Danakali-Management erwarte ich eine Bestätigung, dass der Bau der Mine dem Plan entspricht. Regelmäßige Arbeitsberichte wären zur Information der Anleger sinnvoll.

In jedem Fall ist hier viel Geduld notwendig !  

19.03.2020
Thank you for your email. We hope you are keeping well and safe in these unprecedented times.

The global COVID-19 outbreak has contributed to significant financial market volatility. While we are closely monitoring the developments concerning the coronavirus pandemic, we would like to assure you that we continue to operate effectively and have strong project economics and a robust strategy with an ultimate goal to maximize shareholder profits.

By way of update, we have recently made significant progress to bring Colluli closer to construction and production. Some of the recent highlights are given below:

   We have secured significant funding of US$250m for development of Colluli out of the US$322m needed to fund the project, and we are well underway to start development. This support comes from major African development financial institutions AFC and Afreximbank;
   We have made significant progress on EPCM, on time and budget, and Phase 2 has now commenced according to the plan;
   Proactive work is being undertaken on engaging with a range of in-country development activities, including geotechnical investigation, human resources and on the ground operations;
   All health and safety and other precautionary measures have been put in place to ensure our staff is safe and sound amidst the ever-changing environment with the pandemia.

Attached is the latest monthly project update and you are also welcome to see our announcements on Danakali’s website here. ( https://www.danakali.com.au/investor-relations/asx-announcements )

Please let us know if there are any more specific questions you have and we would be happy to try to answer them. We will make sure you are provided with the latest updates on our developments in due course and thank you for your support and understanding.

Sincerely,

Todd Romaine
Chief Sustainability Officer
Danakali Limited  

31/03/2020 9:59 AM

Danakali provides update on COVID-19 and financing

https://www.asx.com.au/asxpdf/20200331/pdf/44gk3zzt2fwvg5.pdf
 

23/04/2020 10:30 AM

Danakali appoints two directors from AFC

https://www.asx.com.au/asxpdf/20200423/pdf/44h5xdw24bw1nh.pdf  

30/04/2020 11:25 AM
Price sensitive announcement
Quarterly Activities Report and Appendix 5B

https://www.asx.com.au/asxpdf/20200430/pdf/44hdsq3w0jtsph.pdf  

30/04/2020 6:26 PM

2019 Annual Report

https://www.asx.com.au/asxpdf/20200430/pdf/44hg0l62tq5df8.pdf  

21/05/2020 8:18 AM

Colluli SOP Project Update

https://www.asx.com.au/asxpdf/20200521/pdf/44hzwpxdn6w2gj.pdf  

Announcement Monday, 1 June 2020

AFC investment update

- Danakali and AFC have agreed on a deadline extension to satisfy remaining conditions precedent for Tranche 2 funding
- AFC remains committed to Colluli and reiterates confidence in delivery and success of the Project
- Danakali is well funded to complete current planned activities

complete text:
https://www.asx.com.au/asxpdf/20200601/pdf/44j88tlb7yvm7w.pdf  

10/06/2020 8:20 AM

Investor webinar

https://www.asx.com.au/asxpdf/20200610/pdf/44jhz9gdcsgb5x.pdf  

Danakali Limited in final stages of EPCM Phase 2 for Colluli potash project in Eritrea

https://youtu.be/Ty3JqeCixTI  

11/06/2020 11:37 AM

Danakali investor presentation

https://www.asx.com.au/asxpdf/20200611/pdf/44jkgqnqnbchcj.pdf  

https://www.goldseiten.de/artikel/...llionenschwerem-Insiderkauf.html  

16/06/2020 11:42 AM

Colluli Sustainability Report

https://www.asx.com.au/asxpdf/20200616/pdf/44jpc7qm0z3khz.pdf  

22/06/2020 8:16 AM
                              §
Advancement of Colluli SOP Project

https://www.asx.com.au/asxpdf/20200622/pdf/44jtg2gsw55sl2.pdf  

Danakali Talks Episode 1

Welcome to Danakali Talks.
As a company committed to sustainability, Danakali aims to build its flagship Colluli Sulphate of Potash (SOP) Project in Eritrea responsibly. We nurture a more holistic approach to understanding the deeper impact of the economic, social and environmental aspects of developing Colluli. To get a better grasp, we decided to host two senior Newcastle University scholars and talk with them about the interplay between fertilisers, agriculture, food security, and the role that potash and new potash-mining projects, such as Colluli,  play in establishing stable and sustainable food chains. This video explores the unique insights provided by Dr. Natalia Yakovleva, Senior Lecturer in International Business Strategy and Professor David Manning, the soil fertility expert from the School of Natural and Environmental Sciences. The importance of fertilisers, farming, potash demand, and potassium deficit, as well as the role of mining companies in delivering positive, long-term environmental and social impacts, are just some of the topics you will get to hear about in this episode of Danakali Talks.  

Leider keine Antworten auf die wirklich wichtigen Fragen. Es gibt noch keine Informationen dazu, woher die restlichen US$70 Mio kommen sollen. Selbst wenn AFC endlich die fehlenden US$23Mio einzahlt, fehlen noch US$70 Mio für die komplette Finanzierung der Mine. Dann ist da noch das Verhalten der AFC Bank, welches ich absolut nicht nachvollziehen kann. Die haben bereits etwa US$128 Mio investiert und halten jetzt den ganzen Laden auf, weil sie die restlichen US$23 Mio nicht überweisen wollen? Laut Wage sind Sie ja weiter dazu verpflichtet, aber ein bisschen komisch ist das schon. Vielleicht wartet AFC auch nur darauf, dass der Kurs wieder über den Ausgabepreis von A$0.60 steigt. Hat jemand noch andere Ideen für ein derartiges Verhalten?
 

10/07/2020 8:17 AM
AGM - important information
As  previously  advised, Danakali  Limited  (ASX:  DNK  /  LSE:  DNK)  (Danakali,  or  theCompany) will  hold  its Annual General meeting of Shareholders (Meeting) at 3pm (AWST) on 15 July 2020 at Brookfield Place, Level 11, 125 St Georges Terrace, Perth WA 6000.
This announcement provides important information to those seeking to participate in Meeting proceedings.
Hybrid Meeting Format
In  light  of  COVID-19,  the  Company  strongly encourages its  Shareholders  to  join  the  Meeting  via  virtual  means, rather than attending the Meeting in person.

Complete text: 10/07/2020 8:17 AM
https://www.asx.com.au/asxpdf/20200710/pdf/44kdv9fg4x6gs5.pdf  

16/07/2020 8:57 AM

Results of Meeting

https://www.asx.com.au/asxpdf/20200716/pdf/44kkxsj3yf4j0r.pdf  

22/07/2020 10:54 AM
Price sensitive announcement

Mine Development Approval

•Notice of Commencement of Mine Development accepted by Eritrean Ministry of Energy&Mines
• Eritrean Ministry of Energy & Mines consents to security and account structure for the financingfor the Colluli project
•All development preconditions under the CMSC Mining Agreement have been satisfied
•Permits granted for infrastructure developmentand quarries

complete text :
https://www.asx.com.au/asxpdf/20200722/pdf/44kqzcf48dmpny.pdf    

24/07/2020 11:36 AM   Price sensitive announcement

Quarterly Activities Report and Appendix 5B

https://www.asx.com.au/asxpdf/20200724/pdf/44kt6dpwvywzdn.pdf  

Tesfanews.net :
......

Danakali now has 36 months from the submission of the approved notice to complete the project.

full text:
https://www.tesfanews.net/...proved-colluli-project-development-plan/

 

28/07/2020    8:13 AM

Danakali Sustainability Investor Webinar

https://www.asx.com.au/asxpdf/20200728/pdf/44kwkcgnhnqkt7.pdf  

03/08/2020 2:27 PM

Changes to Board of Directors

https://www.asx.com.au/asxpdf/20200803/pdf/44l4ly5s03dl69.pdf