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Annual Meeting News .. held last week
http://www.proactiveinvestors.com/companies/news/22456/tsx-news-allana-petrobakken-revett-tethys-whistler-blackcomb-ivanhoe-mines-22456.html
Great timing , imho .. Good Luck
More New out ..Jaret Anderson, a Mackie Research Capital analyst who closely follows potash developers, was generally positive about the Danakhil scoping study. "The conclusion of the scoping study does de-risk the project," Anderson wrote in a research note to clients, saying it "increases the likelihood of a third party/strategic investor kicking the tires of the project."
http://www.mineweb.com/mineweb/view/mineweb/en/page72102?oid=140333&sn=Detail&pid=102055
On the positive side... Beer Sales are really doing very well ... Malts says not so, ,,.. the Margin has increase to 26.3 % from 22.1 % that is very good news ... Sales was 20.5 million earnings of 03 cents ..
I am also still holding on to my shares i bought some time ago .. I think things will start to turn, I am hoping in the right direction..
I am also still holding on to my shares i bought some time ago .. I think things will start to turn, I am hoping in the right direction..
I often try to buy this stock on the cheap, and can never get it..
Its a steal if you can load up on this stock at anything under 50 cents.. imho ..
Awesome news, indeed.. thanks Max .. Someone likes Allana , this past Fridays trade of over 1 million shares in a matter of minutes on the buy side .. very impressive, and informative for sure ... IMHO ... Mike
Yes, interesting to see that many people working, leads me to believe this project is moving quickly .. imho
Farhad , on Money Show ..
http://www.moneyshow.com/directory/speaker.asp?speakerid=28FA2A5FD6B748618A93A24DCAC0DDE4
Annual Report - Allana
http://www.mergent.com/documents/IND_NEWS2_024.pdf
Interesting , has over 58.6 million in cash , 130 employees versus 35 employees... growing quickly ..
I did see that link , before and checked out the credentials on the experts , i wasn't impressed ..
Allana - China in Play ?? todays news .. from Morgan Stanley
Watch China for demand trends in potash. That’s the message from Morgan Stanley in a voluminous report, China’s Appetite for Protein Turns Global, which is a study of the country’s food demand in the years ahead.
China at present produces between 3.5 million and 4 million tonnes a year of potash, the Morgan Stanley report says. That’s about 6 per cent to 7 per cent of global share (which is estimated to be 57.5 million tonnes in 2011). But China looks likely in 2011 to have imported 6.1 million tonnes. That gap looks set to widen considerably in the years ahead.
Morgan Stanley expects Chinese domestic output to reach 5 million tonnes by 2014. By 2015, global output of potash is projected to be 74 million tonnes with China producing 6.6 per cent of that.
“Among the three main fertilizers (nitrogen, phosphate, and potash) we believe potash has the strongest outlook,” the report added. In the past, Chinese farmers have over-applied nitrogen and under-applied potash due to the latter’s high price. Morgan Stanley believes that, through education, Chinese farmers will slowly begin to understand the benefits of balanced fertilization. The lower application of potash in the past may have aggravated the potassium deficiency in arable soils: more potash is needed to compensate for this.
Between 2007 and 2007, Chinese potash demand expanded at a compound annual growth rate of 10.3 per cent. Demand dropped in 2008 and 2009 (the GFC mainly). Demand began to recover in 2010 and Chinese purchases in 2011 have been limited by the present shortfall in global supplies.
But things are moving: Morgan Stanley predicts Chinese imports for 2011 will reach 6.1 million tonnes - that’s up 16 per cent on 2010. But, because demand is still below pre-2008 levels, the authors are saying that import demand will rebound further to the tune of 7.3 million tonnes in 2012.
Yet the sum total of 2011 potash contracts with China fell short of what the country wanted, leaving a large pent-up demand moving into 2012. Through to 2020, China is expected to be a major source of growth in global potash demand. It all has to do with an expanding middle class which brings with it increased grain and protein consumption, all of which support the thesis of grain yield optimization through increased fertilizer use.
And that will impact on prices. The report notes that China makes potash purchases through a global contracting process with the main global suppliers. Historically, this has been an annual - and then semi-annual - process. Prices to Chinese buyers now sit at $US470/tonne. But Morgan Stanley expects this price to move significantly higher in 2012. Its reasons: one, the most recent price to India of $US530/tonne likely presages a similar move for shipments to China; two, global pricing momentum has the potential to hike what China and India are paying to to $US600/tonne next year and beyond.
In the long term, all the signs favour potash demand as Chinese farmers grow more high-value cash crops (such as fruits) which require a higher content of potash in the fertilizer mix. Morgan Stanley says it is estimated that half of China’s potash consumption is on high-value, potash-intensive crops such as fruit and vegetables.
IMHO .. I believe multiple investments from China/India and more ... very soon .
Allana - China in Play ?? todays news .. from Morgan Stanley
sorry duplicate message
For the record we have been in volume play since early last week..
Break out today .... looks like it
Well, there are a lot of people drinking there beer, and lot of beer companies buying there Malt .. and there the largest Malt company over there ..
Based on the possibility of a ownership/partnership agreement with Allana..( which is highly probable.)
and/or Offtake with India / China .. I believe will see deals from both China & India ... IMHO -- Statistically speaking if combined offtakes/ or a strong possibility of a part ownership investment , I believe will see a number noth of $500 million, in a combined deal . Allana , will not sell this property for cheap.. thats for sure .. ... IMHO
I agree, however the news that will be coming out
will drive it above 2.00 imho ..
China Rail a done deal ---
http://ethiopiaforums.com/ethiopian-chinese-companies-sign-1-billion-dollar-agreement-for-railway-project
Ethiopian Railway Corporation (ERC) and the China Railway Group Limited (CREC) on Tuesday sealed a US$1 billion deal to build railway infrastructure in the Horn of Africa country.
The new railway line, to be built by CREC, runs from Sebeta town, some 25 km west of Addis Ababa, to Meiso town east of Addis Ababa.
The railway line will stretch for 320 kilometers, the ERC said.
Getachew Betru, the ERC general manger and CREC vice president Zhou Mengbo signed the agreement in Addis Ababa.
“The project is new and the first in its kind in our country and it is vital for the economic
Very nice Close ...
AH on the US Side ALLRF .. ALLRF
ALLANA POTASH CORPORATION
Price1.047
Change+0.027
(2.65%)
Bid1.09[+]
Ask1.15
Open1.0275
Volume6,000
52-Week
0.132.4356
Nice 325K buy ... money coming in now
Good Job Max, The value in ALLANA will be forthcoming ..
looking for 1.25 soon , still thinking news out this wk or next ..imho
Will be over 1.00 today .. not much selling left .. imho
When u have 22% of the stock held my major players at 1.60 avg, it makes huge sense to buy in at this price..IMHO I still believe
will see something and might be this week or next on a major investment..
Allana on the up and up...
I believe will see a strong up swing very shortly.. I was surprize to see Mackensie Fraser to do a downgrade I believe that was because of the Posion Pill ( 50% ). My experience in the pass when a downgrade occurs , that is the time to buy .. IMHO
nice comparison ... lol yea , in it for the long term .
Great catch, this is very intriguing ... I have to believe there is a strong reason for this...
Wow , over 40% ... Interesting to see BNP wts exercise on feb-2012.. should se 4- 5 x times there value.. by then ... nice..imho
I am hoping we don't get bought out for $5.00 , however with the poison pill option in place , those holding there shares get a 50%
bump on the number of shares own .. so it there is an offer on the table, it will have to based on 300 million shares currently .. BHP has plenty of money , but 5.00 is nothing , when after they go into full production , will see 50.00$$ imho
Mike
Very Nice, money pouring in here ... Holding for the long term...
News Out - World-class potash project in Ethiopia
-- Allana is also in discussion with strategic partners regarding investment and off-take agreements and will continue to showcase best practices.
see article : http://www.internationalresourcejournal.com/resource_in_action/october_11/allana_potash_world-class_potash_project_in_ethiopia.html
This ready to pop... i was a litter early.. stilling buying.. cheers
Strong Volume this morning,.. looks good
INDIA & Allana ... could this happen soon ??
News today on India ..
http://potashinvestingnews.com/3958-india-grapples-with-skyrocketing-fertilizer-costs.html
More news today ... http://www.baystreet.ca/users/newswire/viewarticle.aspx?id=394597
Allana Potash Corp. and Argonaut Gold Inc. Under Current Evaluation
10
With the Railroad , at 2 million tons output a year , this is a grand slam .. good investment to hold .. imho