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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Danakali Limited | LSE:DNK | London | Ordinary Share | AU000000DNK9 | ORDS NPV |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 20.00 | 19.00 | 21.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMDNK
RNS Number : 6571B
Danakali Limited
03 February 2020
Announcement Monday, 3 February 2020 ============= ========================
Danakali investment case
Danakali Limited (ASX: DNK, LSE: DNK, Danakali or the Company) is pleased to share the Company's Investing in African Mining Indaba conference presentation. Indaba takes place this week and will be attended by members of the Danakali Executive team. The presentation covers Danakali's compelling investment case[1]:
-- High quality Board and Executive team with deep project execution experience -- Binding 10 year offtake with EuroChem -- US$250m of funding -- Sulphate of Potash (SOP) is the premium, high margin potash type -- First quartile operating costs
_ <US$150/t (mine gate)
-- Unrivalled scale
_ 1.1Bt Ore Reserve and almost 200 year mine life
-- Strong cash flow
_ US$85M p.a. to Danakali at full production
-- Lowest capital intensity and highest returns
_ Danakali NPV(10,real) US$439m, IRR 31.3%
è Low cost
è Premium product
è Development underway
è Production and revenue in 2022
View the presentation here: https://www.danakali.com.au/investor-relations/corporate-presentations
Announcement and presentation authorised for release by the CEO of Danakali.
For more information, please contact:
Hot Features
Premium
Danakali
Niels Wage Todd Romaine
Chief Executive Officer Chief Sustainability Officer
+61 8 6189 8635 +1 (604) 365 5999
Corporate Broker - Numis Securities UK IR/PR - Instinctif Partners
John Prior / James Black / Paul Mark Garraway / Sarah Hourahane / Dinara
Gillam Shikhametova
+44 (0)20 7260 1000 danakali@instinctif.com
+44 (0)207 457 2020
Visit the Company's website: www.danakali.com
Follow Danakali on LinkedIn: www.linkedin.com/company/danakali-limited
Subscribe to Danakali on YouTube: www.youtube.com/channel/UChGKN4-M4lOvPKxs9b-IJvw
[1] DNK announcements 29-Jan-18, 19-Feb-18, 12-Jun-18, 3-Dec-19 & 23-Dec-19
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
UPDFLFELFRIFIII
(END) Dow Jones Newswires
February 03, 2020 02:00 ET (07:00 GMT)
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