Potash back in Favour, page-6

It is a 51 page report and mentions DNK on pages 38 & 39
With a share price target of €1.00

Anyhow, it didn't bring in a huge wave of buying as I was hoping for



The share / the company / the story
ALGOreport share recommendation
Danakali Ltd is an Australian commodity stock with its main focus on the mining of potash in Africa and belongs to the so-called penny stocks. The risk/reward ratio in this segment is different from that of blue chip stocks and promises higher profit and loss opportunities due to the higher volatility.

Potassium sulfate is an important raw material that serves as the basis for fertilizers, but its importance is hardly known.
importance is little known. The steep increase in soybean, corn and
wheat for the past six months has also been reflected in rising fertilizer demand. Since the March-2020 lows, major fertilizer
major fertilizer stocks such as Nutrien, Mosaic and ICL have more than doubled in some cases.

Danakali owns 50 percent of the giant Colluli potash project in Eritrea, which is the
world's most advanced and commercially attractive potassium sulfate (SOP) ore
reserves in East Africa.
In this area, the high-grade, chloride-free
potash salt grade with multi-nutrient properties is produced.

The Colluli project allows open pit mining at only 16 meters below ground, which is the simplest and cheapest method of potash mining. Colluli has 1.3 billion tons of high quality resources with a reserve of 1.1 billion tons and is one of the highest grade potassium sulfite salt rock deposits in the world.

Chart-wise Danakali has broken out of the downtrend to the upside, investors should definitely work with limits, the stock is traded on the Frankfurt Stock Exchange and on Tradegate.

Translated with www.DeepL.com/Translator (free version)