March June 2020 Quarterly:
Danakali continues to review a number or funding options currently available to it, including institutional funding, placement instruments in addition to current corporate development options with key strategic players.
In particular, discussions continue with DNK’s senior debt lenders, African Finance Corporation and Afrieximbank toward an agreement in principle for increasing senior debt limits at the CMSC level.
What has happened to the funding options that were 'currently' available?
What happened to the additional 'current corporate development options with key strategic players'?
Why has no agreement in principle been reached to increase the senior debt limits?
Is the debt funding contract with the African banks legally enforceable now by DNK?
No expected date has been given for the delivery of the reverse osmosis plant or the sewerage treatment plant in 9 months.
Have DNK actually bought the camp that is ready to be shipped in containers from Turkey? Is part of this camp secondhand (recycled)?
I think I may now know why shareholders don't know what's going on.
More options may be needed to motivate management.
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