Allana Potash fka AAA

[cabel]

Thanks,

He prices KCL at $3.25 per ton:

(for measured and indicated reserves respectively)

45.90 + 366.14 = 412.04 Million Tons x 21%KCL = 86.52 million tons KCL x $3.25 per ton = $279 million dolars


Question,... is KCL the same as Potash?

I thought potash was $370 per ton not $3.25,... can someone help.

Unless that is what he uses to calulate the NAV (net aset value)

He also estimates there are 733.48 million tons Inferred in all:

Measured + Indicated + Inferred = Total tonnage

45.90 M/Tons + 366.14 M/Tons X 21%KCL = 86.52 M/TonsKCL +(733.48 million tons Inferred)

Why is his 733 tons not multiplied by 21% like the Measured and Indicated?

Any help appreciated