Danakali Limited: Ready for take-off Colluli SOP Project Update
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Thu, June 11, 2020 at 3:00 AMendedReplay
Investor webinar replay
Meeting Overview The meeting was a live investor summit for Danakali Limited, led by CEO Niels Wachow. The discussion focused on the company's development of the Coluli project in North Africa, the sulfate of potash market, and updates on project funding and partnerships. Key Discussion Points - Introduction of Danakali Limited and its leadership team. - Overview of the Coluli project, including its location and significance. - Details on the sulfate of potash (SOP) market and demand-supply fundamentals. - Discussion of the project's funding status, including $250 million secured. - Information about the partnership with Eurochem and the 10-year offtake agreement. - Insights into the project's cost structure and expected returns. Decisions Made - No explicit decisions recorded. Action Items & Next Steps - [Unassigned] : Further details on the project's development timeline and milestones to be communicated in future updates. - [Unassigned] : Follow-up on investor questions submitted...
Prior to joining Danakali Niels held a number of senior management roles at BHP, including VP Potash, VP Freight and VP Diamonds. He has been with the company since 2018 and is now leading the Danakali team, transforming the exceptional resource of Colluli into a producing world class SOP project.
Bianca Pisciola is a co-founder and CRO of 6ix, a capital markets technology platform. Through 6ix, she has deployed data-driven investor relations technology for more than 100 public mining companies, including Endeavour Mining and McEwen Mining.
Bianca is on the founding team of Save Canadian Mining, an advocacy group dedicated to reinstating the tick test within Canadian capital markets. Other members of the founding team include Eric Sprott, Rob McEwen, Keith Neumeyer, Sean Roosen, and other leaders of the industry.
She also sits on the board of One Silver Lining, a Canadian non-profit organization she founded, supporting youth through conferences, benefit concerts, TEDx talks, and scholarships.
Replay transcript excerpt
Speaker 1: Hi, my name is Bianca Pesciola. I'm the CEO of 6 and welcome to Danicali Limited's Live Investor Summit. Speaker 1: I'd like to start today by introducing our speaker, Niels Wachow, Speaker 1: CEO of Danakali Limited. Speaker 1: To kick things off, Niels will be telling the company's story and then we will be accepting questions. You can submit your questions in the Q&A panel on the right-hand side of your screen. Speaker 1: Without further ado, take it away, Niels. Speaker 2: Thank you very much, Bianca. Speaker 3: Good morning and good afternoon, everybody. Thank you for joining us on this 1st webinar for Danakali. Speaker 3: Really pleased to come to you this way. Speaker 3: Obviously, in the current circumstances, this is a great opportunity Speaker 3: to reach out Speaker 3: to you. Speaker 3: And I really appreciate you taking the time. So today, Speaker 3: 1st of all, I'm Niels Wagen. I'm the CEO of Danakali. Speaker 3: And I will take you through the Danakali story Speaker 3: and we'll talk about the company, we'll talk about the Coluli project that we're developing, Speaker 3: we'll talk about the SOP market, the Solvent of Potash market, some of the demand and supply fundamentals, Speaker 3: and I'll give you some update on where we are with our project. Speaker 3: Before I get into the detail, Speaker 3: I want to make you aware that this presentation will have some forward-looking statements. Speaker 3: They are based on Speaker 3: our estimates. Speaker 3: There are no guarantees. Things may change. Speaker 3: Things may turn out to be different. Speaker 3: But obviously to all our efforts Speaker 3: to make it as accurate as possible. But as an investor, I think you should be aware of that. Speaker 3: So please read this carefully. I won't go...