http://www.asx.com.au/asxpdf/20151029/pdf/432hrkp1pbg18t.pdf
Danakali Releases Quarterly Report For Period Ending September 30, 2015
HIGHLIGHTS
COLLULI POTASH PROJECT
Definitive Feasibility Study well advanced and on track for Q4 2015 release
Completion of the piloting and variability trials confirm robustness of the process plant design
Generation of 300 kg of Colluli SOP product in Soluble, Standard and Granular form
347 million tonne rock salt resource estimate announced
60% reduction in process plant water requirements
High potassium process water identified on site
Large subsurface aquifer identified at the Colluli site – has the
potential to completely eliminate the 75km seawater delivery pipeline from Anfile Bay
Detailed mine scheduling well advanced
Successful completion of compaction trials
Colluli Exploration License renewal complete
Danakali represented at The Fertiliser Institute (TFI) World Fertiliser
Conference in Boston
PLANNED FOR DECEMBER QUARTER
Completion of Colluli Definitive Feasibility Study
Completion of Social and Environmental Impact Assessments and Management Plans
Initiation of Mining Agreement submission
Continuation of dialogue with potential customers, progressing towards offtake agreements
Continuation of project debt funding dialogue
CORPORATE
Cash position of A$5.108M at end September
Board & Management continue to grow shareholding
New website and project video launched
Share registry changed to Computershare
Received on Thu Oct 29 2015 - 01:40:32 EDT