Ann: Danakali to raise A$12.25m via Private Placement, page-2

Thank God it's only small raising of 20 mill shared at 62c to private and institutional investors from Australia and England. We can raise the rest around $1 imo for mine construction. Though I was hoping construction and off-take agreements would have been finalised by now. Not sure if we are slipping on our first production date or not, but suspect we might be. But I understand it's important that we get the plant designed and optimised 100% before we build it. Maybe some tweaks here and there required. Considering we will be using less water through the plant now etc.