It is important to note that there is a potential risk of a border war between Ethiopia and Eritrea. There was a border dispute with Djibouti as well. Colluli is not far from the border
In 2000-1 border war that started in small arid town of Badame, 75,000-123.000 people were killed in s senseless war.The UN peace keepers were deployed for years.
Having said that Colluli,Danakil depression / Dallol region is said to have the biggest potash deposit in the hottest area of the world. Potash is on both sides of the border - no idea as to which country has more deposit. There is Ellana of Canada & BHP, and Indian mining company on Ethiopian side.
The reward for investers should big given the potential risk of border war between Ethiopia and Eritrea.
Good luck to all holders, a lasting peace for poor people in the region.
STB Price at posting:
$3.70 Sentiment: None Disclosure: Not Held
