Allana Potash fka AAA

[ertwo]

refer to Page 17. 'Full financing' by Q2 15.

I think this is the game plan:

PEA will quantify the Kainitite resource.

The R&D in utilising Kainitite for SOP will be done by Yara.

The "spin-off" or off-take on Kainitite will provide the Equity portion of the financing for the MOP project (recipient for the either alternative on SOP will be Yara)

So far so good, because it strengthens Allana's over all business model and position against ICL. And will potentially reduce dilution of the current shareholders dramatically.

The flip side is that nothing will happen for 6 months.
(low twenties here we come, but at least it does not look like a permanent capital loss here)

IMHO


PEA
Q1/15

Potential Spin-off and
equity financing
Q1/15

This is a path to be followed, if no spin-off to Yara)

Feasibility study
Q1/15-Q1/2016

Debt/equity/cashflow financing
Q2/16-Q2/17

Construction and Commissioning
Q2/17-Q2/19