Wed, Nov 4, 2020 at 4:00 AM
Eastern Time (US & Canada)
Current and future demand for potash (a key input in fertiliser production) is expected to increase substantially, primarily driven by population growth and the need for food security. With significant fertiliser resources such as at Colluli, Africa is its own breadbasket. But not only is it essential to find fertiliser of sufficient scale and quality to supply the demand, but it is also important to develop these deposits in the most sustainable way possible.
We invite you to join Danakali’s investor webinar to look at potash as one of the key drivers for sustainable agriculture in Africa, and its contribution to improving socioeconomic performance across the continent.
Joining Seamus Cornelius, Non-Executive Chairman of Danakali, at this webinar will be Humphrey Knight, Senior Analyst for SOP Potash, CRU Group, and Ibrahim Sagna, Global Head & Director of the Advisory & Capital Markets Arm of Afreximbank.
Danakali Ltd. (ASX: DNK, LSE: DNK) is a fertilizer company developing Colluli, a Sulphate of Potash (SOP) project in Eritrea, East Africa. One of the most promising and advanced SOP Potash projects globally with 200 years of mine life, Colluli stands out thanks to its high-value premium product, significant diversification potential, and a commercially proven production process.
A giant resource located approximately 75km from the Red Sea coast and the shallowest known potash deposit of c. 260m tonnes of premium SOP, Colluli has an unrivaled potential to transform Africa’s agriculture and food security.
The Danakali team is on track with development, planning to enter production in 2022, and with future cash flows for Module I production already secured through an offtake agreement with one of the largest fertiliser producers, EuroChem.
To learn more about Danakali and the Colluli development please visit www.danakali.com.au
Anyone with the event link can attend
Dial-in available (listen only)
Dial-in Number: +1 (312) 248-9348
Dial-in Passcode: 9192
Seamus Ian CorneliusNon-Executive Director of DanakaliMr Cornelius is a corporate lawyer and former partner of one of Australia’s leading international law firms. He has a high degree of expertise in cross-border transactions, particularly in the resources and finance sectors.
Mr Cornelius had been based in China since 1993, and has advised global companies, banks, major resource companies and Chinese State-owned entities on resource project investments both within China and abroad. He currently resides in Perth, Western Australia.
Mr Cornelius is currently the Non-Executive Chairman of Buxton Resources Ltd (appointed 29 November 2010), Element 25 Limited (appointed 30 June 2011), and Duketon Mining Ltd (appointed 8 February 2013). Mr Cornelius is a member of the Audit and Risk Committee and a member of the Remuneration and Nomination Committee
Humphrey KnightSenior Analyst, Potash at CRUHumphrey leads CRU's Potash Analysis editing the Potassium Chloride Market Outlook, Potash Cost Service and Potassium Sulphates and Potassium Nitrate Market Outlook.
He joined the company in August 2016 and was previously the Fertilizer Team's Cost Analyst contributing across the nutrient teams. Prior to joining CRU, Humphrey worked as a geologist at a major lead-zinc mine in the Republic of Ireland and at a gold exploration project in Mexico. He holds an MSci in Geology from Imperial College London and an MSc in Mining Geology from Camborne School of Mines (University of Exeter).
Ibrahim SagnaGlobal Head & Director of the Advisory & Capital Markets arm of AfreximbankMr. Ibrahim Sagna serves as Global Head & Director of the Advisory & Capital Markets arm of Afreximbank (the "Bank"). Afreximbank is an investment grade rated Pan-African DFI with over US$ 15 Billion of assets. It is Africa’s leading force in Intra-African Trade and Export Development. The Bank’s mandate is anchored in Trade Finance and its scope of interventions covers direct lending, structured risk bearing, direct equity and a broad based investment banking services.
Prior to joining the Bank, Mr. Sagna headed the Financial Advisory Services of the Africa Finance Corporation (AFC). He is a seasoned executive with the privilege of more than two decades' track record in global finance. His international career includes North American experiences with the International Monetary Fund (IMF), and Emerging Capital Partners (ECP), and European experiences with Millennium Global and Blackthorn Capital. He recently served as a board director to the Capital Markets Authority (CMA) of Rwanda and as member of the President of Senegal’s Council of Investments.
Mr. Sagna holds a Bachelor degree and a Master of Finance from Boston College and has been sponsored to management programs both at Harvard Business School and London Business School.
DISCLAIMER6ix.com/disclaimerDisclaimer of Liability
6ix Inc. (“6ix”) licenses software to publicly traded issuers of securities (“Issuers” and each an “Issuer”) which can be used by Issuers to communicate with current and prospective investors (“Investors” and each an “Investor”) on the online platform maintained by 6ix Inc. at [www.6ix.com] (the “Platform”). Each Issuer is solely responsible for all content relating to the Issuer on the 6ix Platform, including without limitation all investor summits presented by the Issuer and all summary information about the Issuer on the 6ix Platform.
All content provided on the 6ix Platform is for informational and educational purposes only and should not be construed as investment advice or an offer or solicitation in respect to any products or services. The content presented on the 6ix Platform should not be used as the basis for any investment decision, and does not purport to provide any legal, tax or accounting advice. There are inherent risks involved with investing in Issuers, as set out in the public disclosure record of each Issuer. Issuers are not responsible for revising or updating any information that they present on the 6ix Platform.
Investors should refer to the continuous disclosure documents filed by each Issuer under applicable securities laws, including risk factors and warnings regarding “forward looking information”. Issuers are solely responsible for compliance with applicable securities laws, and 6ix makes no representations and provides no assurances to Investors regarding the accuracy or truthfulness of information presented by Issuers on the 6ix Platform or in their public disclosure records.
6ix is not licensed to trade, deal or advise in securities in any jurisdiction. 6ix does not recommend or endorse any Issuer on the 6ix Platform, nor does 6ix verify the accuracy of any information presented by Issuers to Investors on the 6ix Platform or in their public disclosure records. 6ix’s sole responsibility as the operator of the 6ix Platform is to provide software to Issuers and Investors through which Issuers and Investors communicate directly with each other without any intermediation or intervention by 6ix other than in respect of technical, logistical or advertising and marketing support. Issuers pay 6ix a licensing fee for use of the 6ix Platform, and may also receive payment to pay for advertising on third-party websites. 6ix and its principals may make and hold investments in securities of Issuers on the 6ix Platform and 6ix may offer reduced rates for its software services to Issuers in which 6ix and/or its principals are invested.
ALL CONTENT ON THE PLATFORM IS PROVIDED BY THE ISSUERS "AS IS" AND “AS AVAILABLE”. 6IX DOES NOT GUARANTEE THE ACCURACY OF ITS CONTENT. BY USING THE PLATFORM, EACH INVESTOR AGREES TO ACCEPT ANY RISKS ASSOCIATED WITH THE USE OF THE PLATFORM AND ACKNOWLEDGES THAT 6IX IS NOT RESPONSIBLE FOR ANY CONTENT PRESENTED BY OR RELATING TO ISSUERS ON THE PLATFORM.
6IX DOES NOT WARRANT THAT THE PROVISION OF INFORMATION BY ISSUERS ON THE PLATFORM WILL BE ERROR-FREE, TIMELY, COMPLETE OR ACCURATE. USE OF THE PLATFORM AND RELIANCE THEREON IS AT INVESTOR’S SOLE RISK. 6IX WILL NOT BE IN ANY WAY BE LIABLE TO ANY INVESTOR OR ISSUER OR ANY OTHER ENTITY OR PERSON FOR ANY INACCURACIES, ERRORS, OMISSIONS, DELAYS, DAMAGES, CLAIMS, LIABILITIES OR LOSSES, REGARDLESS OF CAUSE, IN OR ARISING FROM THE USE OF THE PLATFORM.
IN NO EVENT WILL 6IX BE LIABLE FOR ANY DAMAGES, INCLUDING WITHOUT LIMITATION DIRECT OR INDIRECT, SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES, LOSSES OR EXPENSES ARISING IN CONNECTION WITH THE USE OF THE PLATFORM BY INVESTORS AND/OR ISSUERS EVEN IF 6IX IS ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, LOSSES OR EXPENSES. FURTHER, 6IX SHALL NOT BE LIABLE IN ANY MANNER FOR THE PRODUCT OR SERVICES OF ANYONE WHO REDISTRIBUTES THE INFORMATION PROVIDED ON THE PLATFORM, AND SUCH REDISTRIBUTION IS EXPRESSLY PROHIBITED.