The Industry Heavyweight Joins DNK Board

Holy crap - this is probably the best guy one could hope for to join the board of Danakali.



Danakali Limited (ASXNK) is pleased to announce that highly experienced potash and mining executive, Mr. Robert G Connochie has been appointed to the Danakali Board as a Non-Executive Director. Mr. Connochie, who has spent his entire career in the mining industry, brings extensive senior line management experience from the potash industry - including corporate development, evaluations, marketing, financing and acquisitions. Mr. Connochie has previously held positions as Chairman of Canpotex (a world leading potash exporter for over 40 years) and Chairman of Behre Dolbear Capital, Inc. Other notable former positions include Chairman and CEO of Potash Company of America, Director, Athabasca Potash, CEO Asia Pacific Potash, Chairman of Phosphate and Potash Institute, Director of the Fertiliser Institute, and Director of the Saskachewan Potash Producers Association. Mr. Connochie obtained his B.A. Sc. (Civil Engineering) from the University of British Columbia and obtained his M.B.A. from the University of Western Ontario majoring in finance and quantitative analysis.

For those that don't know, CANPOTEX is the potash industry's leading exporter and operate as a legal cartel. They essentially drive pricing and production. http://www.canpotex.com/

This mine is going to be built. There is NO WAY this dude would jump on the board of a speculative African hopeful. His experience in potash and finance are going to be INVALUABLE. Offtakers and financiers will now look at DNK as a real contender. He'll be at the negotiating table armed with unparalleled experience and knowledge. Game on!

Buying more off the back of this.