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Danakali Limited To Reveal Completed Definitive Feasibility Study

Danakali Limited (ASX:DNK) has been granted an ASX trading halt to prepare the final details of its completed Definitive Feasibility Study (NYSE:PFS) for the Colluli potash project in Eritrea.

Project optimisation work already identified in the PFS is expected to materially enhance the economics of the project.

Colluli is a large, shallow resource comprising a variety of potassium bearing salts in close proximity to the coast and key potash markets of the future.

The halt will remain in place until the opening of trade on Monday 30th November 2015, or earlier if an announcement is made to the market.

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