Just want to elaborate on the Borgas comments. These are my opinions only.
Borgas is the CEO of ICL and has a vested interest to keep the share price of Allana as low as possible. The remark he made about the CAPEX being higher was in response to a question at an ICL meeting. Now maybe he was talking about a 1.5 to 2.0 million ton mine. That means he erred and should have specified that. If he was NOT talking about that and he was saying that the CAPEX is too low for a 1 million ton mine, than I have a serious problem with Borgas as he is a CEO and not an expert in the field of feasibility studies. ERCOSPLAN is a reputable company who specializes in such matters. I will take ERCOSPLAN's figures any day before Borgas' since as stated earlier, Borgas has a vested interest in keeping the share price low. Perhaps it was just a mistake on Borgas' part.
As to why ICL didn't issue a statement for the error, I would suspect that ego might have something to do with it. Borgas doesn't want to admit he said something wrong, so he doesn't publicly issue an "apology". It is also to his and ICL's advantage to sow a little fear and keep the share price depressed. It is certainly not up to Allana to issue a correction or apology on his behalf.
You have to think of motive, circumstances and inject some psychology into the situation. These are just my opinions.
