Allana Potash fka AAA

[justin_a_lyesse]

Not for long.

- The PEA on SOP is due within a couple of weeks.
- The Aquifer recharge rates are also due within a couple of weeks.
- Financing is waiting on the results of the aquifer and cavern tests, which are also due within a couple of weeks.
- Once the DFIs and Exim banks have the DD results of these tests, financing will be approved.
- Mine construction will begin BEFORE all financing is received.
- ICL is very interested in the SOP. They are waiting for the PEA.
- The CAPEX will be reduced by 15% (the contingency amount for road construction) once the Ethiopian Gov't awards road constuction contracts.
- Cash burn rate going forward is 400K to 500K per month.

There is an audio recording of the entire AGM including the presentation and Q&A period. Contact me on Agoracom if you want a copy.