Danakali Limited (AU:DNK) has released an update.
Danakali Limited has reported substantial progress, including the completion of the Colluli Potash Project sale and significant shareholder returns of $154.7 million, but faced challenges with the continued suspension of trading on the ASX. The company is actively working towards meeting the requirements for re-quotation and is exploring new development projects in critical minerals and precious metals. Shareholders are set to vote on a proposed distribution, leaving the company with solid cash reserves to pursue its strategic goals.
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