Danakali appoints Endeavour Financial to evaluate Colluli potash funding options

By James Sean Dickson
Published: Tuesday, 09 June 2015

Financing is the next big step for Danakali. Recognising the difficulty of raising finance with current commodity prices, particularly in Africa for risk-averse investors, the company has looked to a local expert.

ASX-listed Danakali, formerly known as South Boulder Mines Ltd, has appointed investment consultancy Endeavour Financial to assist the company in assessing the various funding options for the development of the Colluli sulphate of potash (SOP) project in Eritrea.

Being developed in 50:50...

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