Edison Investment Research - Danakali (DNK) Update: DFS completed - production target Q418

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Edison Investment Research

Update: DFS completed - production target Q418

Danakali (DNK) has completed the definitive feasibility study (DFS) for the Colluli (DNK 50%) sulphate of potash (SOP) project in Eritrea. Colluli is a globally significant open-pittable resource with substantial expansion and mine life potential beyond its initial phases. On our estimates, there is significant upside potential as Colluli advances.

21/01/2016 9 EN

Underlying

Danakali

Danakali is engaged in the exploration and evaluation of mineral resources including the development of the Colluli Potash Project in Eritrea, East Africa. The project is owned by the Colluli Mining Share Company, which is a joint venture between Co. and the Eritrean National Mining Company.

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AU000000DNK9 Australian Securities Exchange Australia

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Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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