Danakali Share Discussion Threads

[spectoacc] 22/11/2019 18:00

Hmm thanks. Got ramped into it on a tip, IC maybe, and didn't get out again when had the chance.

[ukgeorge] 07/10/2019 14:58

34p in aus

[ukgeorge] 07/10/2019 13:53

What did they do on asx?

[gary1966] 07/10/2019 11:15

Have I missed some news? Why the markdown on opening?

[shieldbug] 23/8/2019 12:03

Presentation on Proactive Investors - [...]

[ukgeorge] 08/8/2019 11:20

Yes the london mkt is dead could also buy in Aus

[spectoacc] 08/8/2019 11:16

Is very illiquid - probably worth being patient with a limit order and getting nearer to bid than offer IMO.

[ukgeorge] 08/8/2019 11:14

yes I am tempted to buy some. Saw them present last year came across very well

[spectoacc] 08/8/2019 11:08

Been a little flurry of RNS lately, all quite positive, fingers crossed.

[ukgeorge] 08/8/2019 10:52

Danakali (DNK AU) A$0.74/s, Mkt cap A$194m – Credit approval for $200m of senior dent finance
• Danakali report the approval of $200m of senior debt finance from the Africa Finance Corporation (AFC) and African Export Import Bank (Afreximbank).
• The Mandated Lead Arrangers now have formal credit approval to provide US$200m of senior debt finance for the Colluli project in Eritrea.
• The deal includes formal approval of export credit support from the Export Credit Insurance Corporation of South Africa SOC Limited (ECIC) which is the first time ECIC has provided export credit support to a non-South African bank.
• This is described as a ground-breaking project financing for Danakali, CMSC and Eritrea and is a further step forward for the project.
• Danakali capex for the first stage is US$322m plus a further US$202m in year six when the mine ramps up production to 944,000tpa of SOP from 472,000tpa

[fromthesidelines] 16/1/2019 19:24

got this on my watch list but not yet invested (waiting for Korepotash to kick off first) proactive video here from December 2018 https://www.proactiveinvestors.co.uk/companies/stocktube/11605/danakali-shovel-ready-at-colluli-following-execution-of-us200m-debt-finance-mandate-11605.html also spotted this in the news today from 15th Jan https://www.tesfanews.net/world-class-potash-project-eritrea-development-stage/amp/

[ukgeorge] 16/1/2019 15:53

Was that the proactive presentation? I went along to that one. My only worry is the capex is $332M and debt finance is $200M so they may do an equity raise.

Like you say the the product is impressive and the project is far more simple than sirius.

[goodgrief] 16/1/2019 15:34

Nope, my pot's empty. Was impressed by a presentation they did last summer or so. It's the quality of the product and at surface too, far better than say Sirius.

[ukgeorge] 16/1/2019 11:58

Did you buy in here GoodGrief?

[goodgrief] 21/9/2018 18:31

Agreed. Not sure of valuations and how much funding/dilution is needed. But in comparison I wouldn't touch Sirius Minerals with a barge pole!

[ukgeorge] 21/9/2018 14:56

A very good presentation, the company has an amazing potash deposit

[ukgeorge] 21/9/2018 14:56

A very good presentation, the company has an amazing potash deposit

[aim_trader] 14/9/2018 10:52

Danakali will be presenting to investors at the Proactive One2One Forum taking place on Thursday 20th September in London from 6pm. For details and registration, click here:

[mirabeau] 24/7/2018 07:22

Danakali Limited (ASX: DNK / LSE: DNK) (Danakali) is pleased to announce, following the publication of its Prospectus on 18 July 2018, that the Company's 264,167,463 Ordinary Shares have been admitted to the Standard Segment of the Official List of the Financial Conduct Authority (Admission) and to trading on the London Stock Exchange's Main Market at 8.00am BST today under the ticker "DNK".



Danakali Executive Chairman, Mr. Seamus Cornelius, said: "We are delighted to deliver on another of our strategic goals for 2018. The LSE listing should increase our profile, liquidity and breadth of potential investors. It is a key milestone as we move towards construction and production at the Colluli Potash Project."



An analyst presentation will be held at 12.00pm BST today at the offices of Instinctif Partners, 65 Gresham Street, London, EC2V 7NQ. To attend please email [e-mail] or call [phone].



A copy of the presentation is available on the Company's website at

[uknighted] 15/12/2009 13:44

For anyone interested, this is the very latest position:

Regards
UK

[chicogabb] 05/7/2009 22:50

anyone know whats going on here? if anything.... my shares still showing up...?

[y cymro] 13/2/2009 12:18

Y is this one moving up?

[miata] 13/11/2008 13:43

A tax loss

Net Operating Loss

[chicogabb] 10/11/2008 18:03

What is a NOL? cheers

[johnymac] 05/11/2008 15:05

The board of directors of Danka are real crooks.