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Zmeselo
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$88M/year profit, for 60 years.

Post by Zmeselo » 12 May 2021, 07:26



Danakali Ltd – US$88m a year profit for 60 years from selling fertilizer – not bad hey?
Listen to ASX-listed Danakali Ltd Executive Chairman, Seamus Cornelius talk to Matt Birney on the 6PR Bulls N’ Bears Report about the company’s plans to get its massive 1.1b tonne fertilizer project in Africa into production – for 200 years!
https://www.6pr.com.au/danakali-ltd-us8 ... t-bad-hey/


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Mining
Danakali's A$20.3 million placement validates world-class Colluli Potash Project in Eritrea

The company is now well placed to commence the early works program emphasising critical plant and infrastructure in Eritrea to support the full-scale development.

Emma Davies

https://www.proactiveinvestors.com.au// ... html?SNAPI

Wed 12 May 2021


Additional proceeds of A$464,400 will be received from Danakali directors, subject to shareholder approval.

Danakali Ltd (ASX:DNK) (LON:DNK) (OTCMKTS:SBMSF) (FRA:SO3) has completed a A$20.3 million placenta to support the early works program at its Colluli Potash Project in Eritrea, East Africa.

Funds have been received from domestic and international, institutional and sophisticated investors and Danakali will also receive another A$464,400 from directors - subject to shareholder approval at Danakali’s Annual General Meeting planned to be held in June 2021.

Strong support for the placement validates the world-class potash project that hosts large near-surface resources, is close to infrastructure and is favourably positioned to supply the world’s fastest-growing markets.

“Executing early works program”

The company appreciates the strong support of existing and new shareholders and is now well placed to commence the early works program emphasising critical plant and infrastructure in Eritrea to support the full-scale development.

Danakali executive chairman Seamus Cornelius said:
We are grateful for the ongoing support of our shareholders, ENAMCO and other stakeholders.
Our team is well prepared to execute on the early works program and will keep the market up to date as we move forward.
Well funded going forward

The Colluli Project is 100%-owned by Colluli Mining Share Company (CMSC), a 50:50 joint venture between Danakali and the Eritrean National Mining Corporation (ENAMCO).

Proceeds from the placement will be used for early work including site road development, geotechnical optimisation, reverse osmosis plant completion and installation, exploration camp relocation and RA International https://www.proactiveinvestors.com.au/L ... rnational/ mine camp installation.

Some of the proceeds will also be allocated towards detailed engineering for the project.
Last edited by Zmeselo on 12 May 2021, 10:37, edited 1 time in total.

Zmeselo
Senior Member+
Posts: 24748
Joined: 30 Jul 2010, 20:43

Re: $88M/year profit, for 60 years.

Post by Zmeselo » 12 May 2021, 07:58



Kerkebet
Already producing circa 3/4 of its annual food requirement, Eritrea is braced to expand modern Agriculture & produce strategic crops for export. Eritrea plans to meet SDGs related to food security, despite heavy challenges.
MEHRETAB MEDHANIE: @EriPrism


_____________________




Presented the certificates today to mark the end of the course on Costume Design and Make-up, that the British Embassy organised with Segen Eritrean Artists Group and Eritrean Deaf Association. Building confidence and supporting job creation in Eritrea
@UKAmb_Walker: @UkambW

Zmeselo
Senior Member+
Posts: 24748
Joined: 30 Jul 2010, 20:43

Re: $88M/year profit, for 60 years.

Post by Zmeselo » 12 May 2021, 08:13



Improving Land Transport Network

By: Kesete Ghebrehiwet

https://shabait.com/2021/05/12/improvin ... t-network/

GENERAL

May 12, 2021



When Eritrea became independent in 1991, the Government inherited an infrastructure in disrepair across the nation, where roads linking different parts of the country were turned into ditches due to the prolonged war. The roads were in so poor a condition, that the current two hours and 30 minutes Asmara–Massawa car ride used to take over seven hours. Similarly, the vehicles on the road were very old and in need of replacement.

The past 30 years, have been a time of transformation in the transportation system. New strategic roads have been built and old roads have been renovated and expanded. To help alleviate the problems of transporting people and goods, the Government imported over 700 buses while around 1400 buses were imported by the private sector. Around 900 taxis were also imported, to provide efficient transportation in the Central region. Similarly, to help address the challenges in the other regions of the country, more than 600 twelve-seater taxis were introduced.



A total of 257 old buses used to transport around 6000 people per day in 1991, but the newly imported 2,100 buses in the post-independence period have been daily transporting over 62,000 people. Mr. Tesfaslasie Berhane, Minister of Transport and Telecommunications, said that Harat Transportation Company has been giving efficient service in all parts of the country; including remote areas, at a very fair price. Over 85% of Eritrea’s population has easy access to public transport, across the nation.

The Government has invested around 970 million Nakfa, for the importation of buses. New buses imported in the last six months have started to give service, following the relaxation of COVID-19 lockdown.
The Government will import more buses, to bring a lasting solution to the challenges in the transportation system,
Mr. Tesfaslase affirmed.

Some remote areas that had no access to transportation facilities, are now transformed. The construction of dirt roads, has been instrumental in connecting various regions of the country. According to Mr. Tesfaslase, Asmara, Massawa, Barentu, Tesenai, Dekemhare, Adi-Keyih, Keren and Aqordat now have easy access to public transportation while around 85% of the villages in the remote parts of the country have been linked with a network of roads, making public transport available at a very fair price.



One of the Government’s main goals in the transport sector, is to ensure a cost-effective service. To make this a reality, it continues to make efforts in the construction of roads and in the provision of public transport to remote areas. Efforts have been made to enable Harat Transportation Company to provide services in Amalayt, Habero, Asmat, Awgaro, and Shetreb in the Gash-Barka and Anseba regions as well as in Tio–Aime, Idi-Afambo, and Beilul routes in the Southern Red Sea region.
The long-term plan is to import vehicles that are specially designed to penetrate uneven and ditched areas in a bid to reach hitherto inaccessible areas,
Mr. Tesfaslase elaborated.
We are looking ahead to provide the entire Eritrean society with viable transpiration services.
As regards the ongoing efforts to renovate roads, Mr. Tesfaslase said that priorities have been given to the strategically important routes. All roads built in the post-independence period, are the foundation for the aspired transformation in every sector.
Everybody should venture out of Asmara to personally witness the achievements registered in the construction of asphalted and dirt roads across the county,
Mr. Tesfaslase emphasized.

The freight service, for solid and liquid load has been improved. Around 1,600 Government-owned and 1,100 private trucks have been active in transporting solid freight, while around 400 vehicles have been used to transport oil and gas.



To ensure the safety of people and property, vehicles are inspected once annually. The Ministry of Transport and Communication, in collaboration with Anberbeb Share Company, has for 45 days given a training course in maintaining and troubleshooting defective vehicles to 25 females and five experts from the Ministry’s Headquarters. Mr. Tesfaslase applauded the instrumental role Anberbeb Share Company played, in training the youth.

Mr. Tefaslase finally said that people need to respect traffic rules and should be aware of the dire consequences that may occur, due to negligence. Everyone should abide by the traffic rules for the benefit of all, and there should be serious and corrective penalties for irresponsible car drivers, bicycle riders, pedestrians, and drivers of horse-drawn carriages. Casualties and damage to property should be halted through concerted efforts.


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ዓንበርበብ ሼር ካምፓኒ፡ ኣብ ምትሕልላፍ ቴክኖሎጂ ተሽከርከርቲ ይሰርሕ

https://www.dendenmedia.com/2021/05/09/ ... ኣብ-ምትሕልላፍ/

3 days ago

ዓንበርበብ ሼር ካምፓኒ፡ ምስተን ዝውክለን ኩባንያታት ርክቡ ብምድልዳል ዕማማቱ ብዝለዓለ ንምፍጻም ብዕቱብ ይሰርሕ ከምዘሎ፡ ኣካያዲ ስራሕ ናይ’ቲ ትካል ኣቶ ግርማይ ኣብርሀ ሓቢሩ።

ኣብ እዋን ብረታዊ ቃልሲ ኣብ 1984 ዝተመስረተ ዓንበርበር ሼር ካምፓኒ፡ ድሕሪ ናጽነት ኣብ 1992 ብሓድሽ ውዳበ ከም ዝጀመረ፡ ካብ 1996 ኣትሒዙ ድማ ከም ወኪል ኩባንያታት ጃፓን – ቶዮታ፡ ያማሃን፡ ኮማትሱን ኮይኑ የገልግል ከምዘሎ ገሊጹ።

ቀንዲ ዕማም ዓንበርበር ሼር ካምባኒ፡ ካብ ኩባንያ ቶዮታ ፍርያት መካይን፣ ካብ ኩባንያ ያማሃ ናይ ጀላቡን ማይን ሞተረታት፣ ካብ ኩባንያ ኮማቱስ ድማ ማሽነሪታትን መቀያየሪ ኣቑሑን – ናብ ሃገር ብምእታው ንመሸጣ ምቕራብ፣ ከምኡ’ውን ኩሉ-እንትናዊ ጽገናታት ምግባርን ተክኒካዊ ምኽሪ ምሃብን ምዃኑ እውን ኣረዲኡ።

ተበጺሑ ዘሎ ናይ ተሽከርከርቲ ቴክኖሎጂ ናብ ሕብረተ-ሰብ ምትሕልላፍ፡ ሓደ ካብ’ቲ ዕማማቱ ምዃኑ ኣቶ ግርማይ ብተወሳኺ ሓቢሩ።

ኣብ ዓንበርበር ሼር ካምፓኒ ዝምደቡ ሰራሕተኛታት፡ ካብ ኮሎጃት ብመካኒካል ኢንጂነሪንግን ኣውቶሞቲቭ ቴክኖሎጂን ከምኡ’ውን ካብ ቤት-ትምህርቲ ስነ-ኪነት ዝተመረቑ ምዃኖም እውን ገሊጹ።

እቲ ትካል፡ ኣብ 175 ሃገራት ተዘርጊሐን ምስ ዝርከባ ወከልቲ ቶዮታ ዓመታዊ ኣብ ዝካየድ ውድድር ተሳቲፉ፡ ብርክት ዝበለ ምስክር ወረቐት ከምዝረኸበ ኣቶ ግርማይ ሓቢሩ።


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ደ/ቀ/ባሕሪ – ምርባሕ ደርሁ ዘተባብዕ ውጽኢት ይህብ

https://www.dendenmedia.com/2021/05/09/ ... ተባብዕ-ውጽኢት/

3 days ago



ሚኒስትሪ ሕርሻ፡ ንጥፈታት ምርባሕ ደርሁ ኣብ ዞባ ደቡባዊ ቀይሕ ባሕሪ፡ ዘተባብዕ ውጽኢት ይርከቦ ከምዘሎ ሓቢሩ።

ሓላፊ ጨንፈር ሃብቲ እንስሳ ኣብ ዞባ ደቡባዊ ቀይሕ ባሕሪ ኣቶ ሃብተማርያም ኣብርሃም፡ ኣብ’ቲ ዞባ ካብ መወዳእታ ወርሒ 2020 ጀሚሩ ንሰለስተ ዙርያ ብዝተኻየደ ጨቓዊት ናይ ምዕዳል መደብ – ኣስታት 25,000 ሓደ ወርሒ ዝዕድሚኤን ጨቓዊት፡ ንልዕሊ 1100 ተጠቀምቲ ከምእተዓደላ ገሊጹ።

እተን ኣብ ቀዳማይ ዙርያ ኣብ ሰለስተ ንኡሳን ዞባታት ዝተዓደላ ጨቓዊት፡ ኣብ ደረጃ ምፍራይ እንቋቚሖን ስጋን በጺሐን ምህላወንን ኣብ ጽቡቕ ኩነታት ከምዘለዋን ወሲኹ ኣረዲኡ።

ሓረስቶት፡ መግቢ ደርሆ ኣብ ናይ ዛሕሊ እዋን ክኽዝኑን፡ ቀጠልያ መግቢ ኣብ ከባቢኦም ብምዝራእ ከዳልዉን እውን ተላብዩ።

ተጠቀምቲ ናይ’ዚ መደብ፡ ኣብ ገማግም ባሕሪ ዝርከቡ ‘ወዚፍ’ ዝተባህሉ ንኣሽቱ ዓሳታት፡ ኣብ መግቢ ደርሁ ኣገዳሲ ተራ ይጻወቱ ከምዘለዉ ሓቢሮም።
Last edited by Zmeselo on 12 May 2021, 13:23, edited 2 times in total.

Zmeselo
Senior Member+
Posts: 24748
Joined: 30 Jul 2010, 20:43

Re: $88M/year profit, for 60 years.

Post by Zmeselo » 12 May 2021, 09:02





Eritrea & the Commonwealth of Dominica, have established formal diplomatic ties. A Joint Communique formalizing diplomatic relations between both countries was signed at ceremony held at Permanent Mission of the Commonwealth of Dominica to the UN in New York, yesterday 11 May 2021.
Amb. Sophia Tesfamariam: @stesfamariam

_______________



Bidding farewell on behalf of the African Diplomatic Corps, H.E.Mr. Grenenger Kidney Msulira BANDA of the Republic of Malawi, after a successful completion of his service in Tokyo.
Ambassador Estifanos: @AmbassadorEstif

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Zmeselo
Senior Member+
Posts: 24748
Joined: 30 Jul 2010, 20:43

Re: $88M/year profit, for 60 years.

Post by Zmeselo » 12 May 2021, 09:43





As of May 3, the Axum Criminal Investigation led by Federal Attorney General (@FAGEthiopia) has collected testimonies of 95 witnesses and documentary evidence. It discovered TPLF trained and deployed about 2,500 para-military personnel, in major cities of the region.

The investigation found that the TPLF “trained” 1,500 youth to shoot guns, during the period from 10 to 18 November 2020 to confront ENDF.

The Criminal Investigation recorded testimonies of 116 victims of rape and identified members of the Federal Police and ENDF, involved in the crime. Cases with Federal Police transferred to the Regional Prosecution Office, members of ENDF transferred to military court.

Investigation of rape complicated by TPLF release of tens of thousands of criminals from prison. The investigation is still underway and investigators are identifying perpetrators of rape, by gathering further evidence.

Axum Criminal Investigation still collecting testimonies from religious leaders, funeral providers; as well as collecting evidence from medical institutions.

Attorney General, on Axum Criminal Investigation:

[W]ith strong collaboration…and with the relentless support from the people, the law enforcement mission will succeed…and [ensure] the accountability of the perpetrators of the crimes before justice.

Office of the Prime Minister - Ethiopia: @PMEthiopia


______________________




Nima Elbagir (CNN) and Cara Anna (Associated Press) are competing for the "most dishonest Africa correspondent", award. Every week, it's a new lie!
Last edited by Zmeselo on 12 May 2021, 11:42, edited 1 time in total.

Zmeselo
Senior Member+
Posts: 24748
Joined: 30 Jul 2010, 20:43

Re: $88M/year profit, for 60 years.

Post by Zmeselo » 12 May 2021, 10:35

"Land of Punt", is most likely located in Eritrea. EriXpress Interview, with Professor Nate Dominy.


gearhead
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Posts: 5068
Joined: 08 Jun 2014, 16:29

Re: $88M/year profit, for 60 years.

Post by gearhead » 12 May 2021, 10:46

You had a very good first post! Industry makes me [deleted]! But then you had to change the thread to a scattered eyesore! Respect yourself and Raise another thread you stupid fk

Zmeselo
Senior Member+
Posts: 24748
Joined: 30 Jul 2010, 20:43

Re: $88M/year profit, for 60 years.

Post by Zmeselo » 12 May 2021, 11:57

If I've managed to anger rodents like díckhead (which my posts are not directed to), then it's a sure sign I'm doing it right! :lol:


gearhead wrote:
12 May 2021, 10:46
You had a very good first post! Industry makes me [deleted]! But then you had to change the thread to a scattered eyesore! Respect yourself and Raise another thread you stupid fk

Zmeselo
Senior Member+
Posts: 24748
Joined: 30 Jul 2010, 20:43

Re: $88M/year profit, for 60 years.

Post by Zmeselo » 12 May 2021, 12:19



King Alex, in his leasure time!

______________



Young Eritrean Musicians performing a concert during ''European Week 2021 celebration in Asmara, Eritrea'' 📷 EU in Eritrea

Blueshift
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Posts: 304
Joined: 30 Mar 2021, 19:34

Re: $88M/year profit, for 60 years.

Post by Blueshift » 12 May 2021, 12:23

Zmeselo,

In the first place, 88 mil is not much. To make it worse, it is not even adjusted for inflation. At the end of 60 years, 88 mil will be the price of perhaps a one story building. Signing a contract for that long is very very risky. Sign for ten, and then let the next generation take up on it. That is the way it is done in the civilized world.

Temt
Member
Posts: 3253
Joined: 04 Jun 2013, 22:23

Re: $88M/year profit, for 60 years.

Post by Temt » 12 May 2021, 12:30

Blueshift wrote:
12 May 2021, 12:23
Zmeselo,

In the first place, 88 mil is not much. To make it worse, it is not even adjusted for inflation. At the end of 60 years, 88 mil will be the price of perhaps a one story building. Signing a contract for that long is very very risky. Sign for ten, and then let the next generation take up on it. That is the way it is done in the civilized world.
Since when do the ሓሳዳት ዓጋመ፡ like you, understood what "civilization" is all about knucklehead!

Zmeselo
Senior Member+
Posts: 24748
Joined: 30 Jul 2010, 20:43

Re: $88M/year profit, for 60 years.

Post by Zmeselo » 12 May 2021, 12:34

Should I've adjusted the numbers to make you happy, or I shouldn't have posted it at all? I don't get ur point.

As for the deal, why don't you contact ENAMCO?

PS: the man is talking about, the amount his company will earn. Eritrea's 50% stake is not in the equation, here. All in all you can say- give & take- $200M/year.


Blueshift wrote:
12 May 2021, 12:23
Zmeselo,

In the first place, 88 mil is not much. To make it worse, it is not even adjusted for inflation. At the end of 60 years, 88 mil will be the price of perhaps a one story building. Signing a contract for that long is very very risky. Sign for ten, and then let the next generation take up on it. That is the way it is done in the civilized world.

Dawi
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Posts: 3938
Joined: 30 Aug 2016, 03:47

Re: $88M/year profit, for 60 years.

Post by Dawi » 12 May 2021, 13:16

Zmeselo wrote:
12 May 2021, 07:26
Danakali Ltd – US$88m a year profit for 60 years from selling fertilizer – not bad hey?
Listen to ASX-listed Danakali Ltd Executive Chairman, Seamus Cornelius talk to Matt Birney on the 6PR Bulls N’ Bears Report about the company’s plans to get its massive 1.1b tonne fertilizer project in Africa into production – for 200 years!
https://www.6pr.com.au/danakali-ltd-us8 ... t-bad-hey/
በቅርቡ እንቁላል ከዩክሬን ይቀርና ከአስመራ በብር ይገዛል ማለት ነው። Why not? :P Way to go!

Eritrea's sacrifice in the participation of law enforcement in Ethiopia, particularly the Tigrai region has already started paying off.

The following kinds of news was scaring FDI in Eritrea in the past; that's gone today.

Keep up the good work.

[[..Media reports from East Africa on Saturday claimed that a gold mine partly owned by Canadian company Nevsun Resources (NYSE:NSU, TSX:NSU) was hit by Ethiopian fighter jets.

At least two media outlets confirmed the report, including Tigrai Online, an Ethiopian daily news site which stated that the Bisha mine, located 150 kilometres from Asmara, Eritrea, was a target of two bombing raids conducted on Friday. The other target was the military depot at Mai Edaga Tikul...]]

Temt
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Posts: 3253
Joined: 04 Jun 2013, 22:23

Re: $88M/year profit, for 60 years.

Post by Temt » 12 May 2021, 14:42

Dawi wrote:
12 May 2021, 13:16
Zmeselo wrote:
12 May 2021, 07:26
Danakali Ltd – US$88m a year profit for 60 years from selling fertilizer – not bad hey?
Listen to ASX-listed Danakali Ltd Executive Chairman, Seamus Cornelius talk to Matt Birney on the 6PR Bulls N’ Bears Report about the company’s plans to get its massive 1.1b tonne fertilizer project in Africa into production – for 200 years!
https://www.6pr.com.au/danakali-ltd-us8 ... t-bad-hey/
በቅርቡ እንቁላል ከዩክሬን ይቀርና ከአስመራ በብር ይገዛል ማለት ነው። Why not? :P Way to go!

Eritrea's sacrifice in the participation of law enforcement in Ethiopia, particularly the Tigrai region has already started paying off.

The following kinds of news was scaring FDI in Eritrea in the past; that's gone today.

Keep up the good work.

[[..Media reports from East Africa on Saturday claimed that a gold mine partly owned by Canadian company Nevsun Resources (NYSE:NSU, TSX:NSU) was hit by Ethiopian fighter jets.

At least two media outlets confirmed the report, including Tigrai Online, an Ethiopian daily news site which stated that the Bisha mine, located 150 kilometres from Asmara, Eritrea, was a target of two bombing raids conducted on Friday. The other target was the military depot at Mai Edaga Tikul...]]
What the heck is this ቆርባዕ ዓጋመ mumbling, seriously?


Blueshift
Member
Posts: 304
Joined: 30 Mar 2021, 19:34

Re: $88M/year profit, for 60 years.

Post by Blueshift » 12 May 2021, 16:21

ጠምት
ሰይጣን ይጠምትካ: ኣድጊ እንታይ ኣዴኻ finance/economics ትፈልጥ: ባርያ ወዲ ባርያ ስቕ ኢልካ ዘይትመጵእ ፈደረሽን ተፀበ :twisted: :lol: ጽባሕ ንግሆ የእዱግ ኣብ ኣፍካ ሽግሮም ክመልኡኻ እዮም : ፊቕሪ የእዱግ ብሽልሖ ዛን ዛን ኣቢሉካ : ደንቖሮ ድኻ ወዲ ድኻ
BTW, take out the agame private out of your stinking mouth :lol:

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