Danakali Releases Quarterly Report For Period Ending September 30, 2015

Danakali Ltd. (ASX:DNK) has released their quarterly report ending September 30, 2015
As quoted in the press release:

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

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