Dehai News

ProactiveInvestors.com: Danakali 're-energised' and focused on getting the Colluli SOP project up and running

Posted by: Berhane Habtemariam

Date: Wednesday, 10 March 2021

Andrew Scott

21:21 Mon 08 Mar 2021

 

Danakali Ltd's (ASX:DNK) (OTCMKTS:SBMSF) (LON:DNK) (FRA:SO3) Seamus Cornelius caught up with Proactive's Andrew Scott soon after announcing a restructure of its board. He's confident that their unique Colluli Sulphate of Potash (SOP) Project in Eritrea, Africa, is set to become a global game changer. They're aiming for a 2022 production target date, pending the closing out of funding. The project has already secured US$221 million of financing through senior debt and equity with African Export-Import Bank (Afreximbank) and Africa Finance Corporation (AFC).


Eritrea 🇪🇷 is self reliance country