Danakali Announced Quarterly Activities and CashFlow Report

Danakali Ltd. (ASX:DNK) announced its Quarterly Report for the period ending 31 December 2015.
As quoted in the press release:

COLLULI POTASH PROJECT

• Definitive Feasibility Study complete
  • DFS results materially improves PFS results (significantly, development capital reduced by over 30%)
  • Confirms, Colluli is one of the most attractive potash projects, in particular Sulphate of Potash (SOP), in the world – low capex, high margin, long life
  • Bottom quartile of mine gate cost curve
  • Lowest capital intensity of all advance sulphate of potash projects globally
  • Lowest capital costs of all advanced sulphate of potash greenfield developments
• Generation of product specification data and material safety data sheets to compliment Colluli product samples
• Initiated final round of engagements with local communities and project stakeholders
• Advanced discussions with potential SOP buyers
• Advanced discussions with potential Rock Salt buyers

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