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(Proactive Investors Stocktube) Danakali announces new Executive Chairman and CCO as Colluli project advances

Posted by: Semere Asmelash

Date: Thursday, 14 June 2018

Danakali announces new Executive Chairman and CCO as Colluli project advances 

10:15 14 Jun 2018

Danakali Ltd (ASX:DNK) outgoing chief executive Danny Goeman speaks to Proactive Investors about the binding offtake agreement for up to 100% of module I sulphate of potash (SOP) production from the Colluli Potash Project in Eritrea, East Africa.

"We've been on this journey for nearly two years now, and ultimately what we wanted to achieve is basically what transpired this week... with a very credible offtake party, which is EuroChem... this particular offtake deal will assist greatly in progressing the funding discussions with the various partners that have expressed an interest in the project thus far," says Goeman.

Danakali announced today that previous non-executive chairman, Seamus Cornelius, has been appointed as executive chairman, and that Niels Wage will join as chief commercial officer (CCO); as Goeman moves on from the company having led it to this milestone.
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