Advanced and economically attractive SOP project

Investment case

Danakali presents an attractive investment opportunity, providing exposure to one of the world’s most advanced and economically attractive SOP projects with a post-tax valuation of US$902M and IRR of 29.9% for Modules I and II, expected first quartile operating costs, industry leading capital intensity, and an almost 200-year mine life. The Colluli deposit is unrivalled in the SOP industry. The size and quality of the Colluli Reserve give it significant strategic value. Open pit mining of solid minerals rather than a brine allows for an easier and lower cost processing and mining path than peers.

Corporate presentation

This presentation is not an offer, invitation, solicitation or other recommendation with respect to the subscription for, purchase or sale of any securities in DNK. This presentation has been made available for information purposes only and does not constitute a prospectus, short form prospectus, profile statement or offer information statement

Annual report

Danakali enters 2021 determined to get the Colluli Project funded and developed. We have learnt from our past successes and challenges and are looking forward to the year ahead. Colluli remains an outstanding asset that we are developing in a 50:50 joint venture with the Eritrean National Mining Corporation (ENAMCO). Our mission is to bring Colluli into production as quickly and safely as possible.  This will bring the highest value to our shareholders, stakeholders and the wider community in Eritrea and around the World.

A link to the report can be found here

Corporate videos

Colluli – There is only one
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Colluli is where the value begins
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Colluli process development discussion

vid-3
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Announcements

For all Australian Stock Exchange (ASX) announcements please see below.

Danakali Chairman’s Letter

Danakali AFC Investment Update

Danakali Investor Webinar

Colluli Project Update

Danakali Half Year Financial Report

Changes to Board of Directors

Total voting rights and capital

Appointment of UK Adviser

Mine Development Approval

Colluli Sustainability Report

AFC Investment Update

Colluli SOP Project Update

Notification of PDMR Transactions

2019 Annual Report

Total voting rights and capital

Appendix 4G

Release of 2019 Financial Report

Colluli Project Update

Total voting rights and capital

Director / PDMR Shareholding

Change of Director’s Interest Notice

Notification of PDMR transaction

Total voting rights and capital

Danakali investment case

December 2019 Quarterly Report

Issue of shares

Project update

Issue of Shares

Total voting rights and capital

US$200M senior debt documentation executed
Sunday, 22 December 2019

Notice to Proceed issued to DRA Global
Thursday, 19 December 2019

EMW confirmed as preferred Mining Contractor
Wednesday, 18 December 2019

S708A Notice
Tuesday, 17 December 2019

Notice of initial substantial holder
Thursday, 12 December 2019

Change in substantial holdings
Thursday, 12 December 2019

Issue of Shares and Appendix 2A
Tuesday, 10 December 2019

Receipt of first tranche of AFC’s strategic equity investment
Tuesday, 10 December 2019

Danakali welcomes Eritrea’s membership in AFC
Wednesday, 04 December 2019

Appendix 3B
Tuesday, 03 December 2019

US$50M strategic investment from AFC
Monday, 02 December 2019

Total voting rights and capital
Monday, 02 December 2019

Total voting rights and capital
Friday, 01 November 2019

September 2019 Quarterly Report
Tuesday, 29 October 2019

Issue of shares
Wednesday, 09 October 2019

Total voting rights and capital
Tuesday, 01 October 2019

Proactive One2One Investor Forum presentation
Wednesday, 18 September 2019

Interim Financial Report for the Half Year Ended 30 June 2019
Friday, 13 September 2019

Danakali Half Yearly Financial Report
Friday, 13 September 2019

Total voting rights and capital
Tuesday, 03 September 2019

Company update from Danakali CEO
Monday, 26 August 2019

Issue of shares s708A notice
Monday, 12 August 2019

Issue of equity and total voting rights
Monday, 12 August 2019

Appendix 3B
Monday, 12 August 2019

Credit approval received for Colluli power plant
Thursday, 08 August 2019

Credit approval received
Sunday, 04 August 2019

Total voting rights and capital
Thursday, 01 August 2019

Quarterly Report – Period ending 30 June 2019
Monday, 29 July 2019

Proactive Investors presentation
Monday, 15 July 2019

Total voting rights and capital
Monday, 01 July 2019

Report on Payments to Governments
Friday, 28 June 2019

Notification of transactions by PDMRs and PCAs
Friday, 14 June 2019

Change of Director’s Interest Notice – Andre Liebenberg
Friday, 14 June 2019

Change of Director’s Interest Notice – Seamus Cornelius
Friday, 14 June 2019

Appendix 3B
Friday, 14 June 2019

Issue of securities
Friday, 14 June 2019

Total voting rights and capital
Monday, 03 June 2019

Replacement Constitution
Wednesday, 29 May 2019

Results of the Annual General Meeting
Monday, 27 May 2019

Annual General Meeting presentation
Monday, 27 May 2019

Ceasing to be a substantial holder
Wednesday, 08 May 2019

Total voting rights and capital
Wednesday, 01 May 2019

Quarterly Report – Period ending 31 March 2019
Tuesday, 30 April 2019

Notice of Annual General Meeting / Proxy Form
Wednesday, 24 April 2019

Notification of PDMR transaction
Wednesday, 24 April 2019

Appendix 3B
Wednesday, 24 April 2019

Issue of options
Wednesday, 24 April 2019

Release of 2018 Annual Report
Tuesday, 16 April 2019

Total voting rights and capital
Tuesday, 02 April 2019

New CEO announcement
Monday, 25 March 2019

Annual Financial Report for the Year Ended 31 December 2018
Wednesday, 20 March 2019

Proactive Investors One2One forum presentation
Thursday, 07 March 2019

Notification of PCA transaction
Monday, 04 March 2019

Appendix 3B
Monday, 04 March 2019

Issue of options
Monday, 04 March 2019

Total Voting Rights and Capital
Friday, 01 March 2019

Change of Company Address
Friday, 01 March 2019

Change in substantial holdings
Thursday, 28 February 2019

Total Voting Rights and Capital

Friday, 01 February 2019

Quarterly Report – Period ending 31 December 2018
Thursday, 31 January 2019

UNDP Report released
Wednesday, 30 January 2019

Issue of equity and total voting rights
Thursday, 03 January 2019

Issue of shares – s708A Notice
Friday, 21 December 2018

Appendix 3B
Friday, 21 December 2018

Issue of equity and total voting rights
Friday, 21 December 2018

US$200m debt finance mandate executed
Thursday, 06 December 2018

Total Voting Rights and Capital
Monday, 03 December 2018

Lifting of UN sanctions on Eritrea
Thursday, 15 November 2018

Notification of transaction by PDMR
Friday, 09 November 2018

Change of Director’s Interest Notice – Seamus Cornelius
Friday, 09 November 2018

Appendix 3B
Friday, 09 November 2018

Issue of equity and total voting rights
Friday, 09 November 2018

Issue of Shares – s708A Notice
Friday, 09 November 2018

Total voting rights and capital
Thursday, 01 November 2018

Quarterly Report – Period Ending 30 September 2018
Tuesday, 30 October 2018

Bell Potter Emerging Leaders Conference 2018 presentation
Thursday, 25 October 2018

Total Voting Rights and Capital
Tuesday, 02 October 2018

DRA Global confirmed as preferred EPCM contractor of Colluli
Thursday, 27 September 2018

Eritrea Breakfast event presentation
Wednesday, 26 September 2018

Proactive Investors One2One Investor Forum presentation
Thursday, 20 September 2018

Total Voting Rights and Capital
Monday, 03 September 2018

Social and Environmental Management Plans agreed and finalised
Wednesday, 22 August 2018

Company update video
Thursday, 16 August 2018

Notification of transactions by PDMRs and PCAs
Monday, 06 August 2018

Total Voting Rights and Capital
Friday, 03 August 2018

Issue of Equity
Friday, 03 August 2018

Quarterly Report – Period Ending 30 June 2018
Tuesday, 31 July 2018

Revised Code for Dealing in Danakali Securities
Tuesday, 24 July 2018

Admission to trading on the London Stock Exchange
Tuesday, 24 July 2018

Issue of Shares – Appendix 3B and S708A Notice
Tuesday, 24 July 2018

LSE listing investor presentation
Friday, 20 July 2018

Publication of Prospectus
Thursday, 19 July 2018

Video interview with Danakali Executive Chairman
Friday, 13 July 2018

LSE Listing Approaches Completion
Thursday, 12 July 2018

Issue of Shares – Appendix 3B and S708A Notice
Thursday, 14 June 2018

Video interview with Danakali CEO
Thursday, 14 June 2018

Danakali Announces Leadership Transition
Thursday, 14 June 2018

EuroChem Announce Colluli Offtake Agreement
Wednesday, 13 June 2018

Binding Take-or-Pay Offtake Agreement with EuroChem
Tuesday, 12 June 2018

Issue of Shares – Appendix 3B and S708A Notice
Friday, 01 June 2018

Change of Director’s Interest Notice – John Fitzgerald
Tuesday, 29 May 2018

Issue of Shares – Appendix 3B and S708A Notice
Tuesday, 29 May 2018

Change of Director’s Interest Notice – Paul Donaldson
Tuesday, 15 May 2018

Change of Director’s Interest Notice – John Fitzgerald
Monday, 14 May 2018

Change of Director’s Interest Notice – Seamus Cornelius
Monday, 14 May 2018

Issue of Shares – Appendix 3B and S708A Notice
Monday, 14 May 2018

Lapse of Options
Monday, 14 May 2018

Results of Annual General Meeting
Friday, 11 May 2018

Annual General Meeting Presentation
Friday, 11 May 2018

March 2018 Quarterly Activities Report and Appendix 5B
Friday, 27 April 2018

Change in substantial holding
Wednesday, 11 April 2018

Notice of Annual General Meeting and Proxy Form
Tuesday, 10 April 2018

Annual Report for the Year Ended 31 December 2017
Tuesday, 10 April 2018

Issue of Shares – Appendix 3B and S708A Notice
Wednesday, 04 April 2018

Change of Director’s Interest Notice – Seamus Cornelius
Tuesday, 03 April 2018

Issue of Shares – Appendix 3B and S708A Notice
Thursday, 29 March 2018

Issue of Shares – Appendix 3B and S708A Notice
Friday, 23 March 2018

Corporate Governance Statement
Thursday, 22 March 2018

Appendix 4G – Key Disclosures to Corporate Governance
Thursday, 22 March 2018

Annual Financial Report for the Year Ended 31 December 2017
Thursday, 22 March 2018

Issue of Shares – Appendix 3B and S708A Notice
Monday, 12 March 2018

ASX Indices March 2018 Quarterly Rebalance
Friday, 09 March 2018

Company Presentation – Demystifying Eritrea
Thursday, 08 March 2018

Appendix 3Y – Correction
Tuesday, 27 February 2018

Company Presentation – Finance News Network and Shaw and Partners Investor Event
Tuesday, 27 February 2018

Change of Director’s Interest Notice – Paul Donaldson
Monday, 26 February 2018

Issue of Shares – Appendix 3B and S708A Notice
Monday, 26 February 2018

Colluli Ore Reserve Update
Monday, 19 February 2018

Issue of Shares – Appendix 3B and S708A Notice
Friday, 16 February 2018

FEED results presentation
Wednesday, 31 January 2018

December 2017 Quarterly Activities Report and Appendix 5B
Wednesday, 31 January 2018

FEED completion confirms Colluli as the most advanced and economically attractive SOP greenfield development project
Monday, 29 January 2018