DNK 0.00% 31.7¢ danakali limited

News: Colluli salt resource sweetens the deal for Danakali Limited, page-6

  1. 7,546 Posts.
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    Have any of you guys checked out the price of rock salt yet? To me, the cost of producing it is zero as the costs will be factored into potash production. Therefore, price sold (inc shipping) should be revenue to the JV.

    Having a look on Google for bulk prices, it appears to sell for anywhere between $20-$40/tonne. Even if we get half that, our salt is actually gold.

    I'd like to run the numbers a little further but even at $2/t, our 300m tonnes is worth a pretty penny.
 
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