Allana Potash fka AAA

[roadkill77]

Here is Karmanows's revised target from stockhouse. Karma and Ronin are two very well informed AAA investors and have been in Allana since the early penny stages, just like a lot of you here.
Please note, they do not pump out and cheerlead out of thin air. THey post plain mathematically potential FACTS and business and environmental related FACTS. Numbers don't lie. And I am sure they are much more aware of what's going with Allana's core business than the vast majority of people on Bay street. Read his latest numbers roundup below.


Assuming 2 million tons of KCL as indicated by Farhad on BNN and by Farhads email we can assume:

Phase One Drilling for 12 holes current estimate:
Measured Indicated Total M + I Inferred
44.70 M/Tons + 356.32 M/Tons X 21.5%KCL = 86.23 M/Tons KCL + (1,027 BILLION tons Inferred)

86 million tons actual KCL x 2 (phase one + phase two) in the Measured and Indicated =
172 million tons which is a 17 year mine life with 10 million tons processed per year x 21%KCL =
2.1 million tons KCL per year
2.1 million tons of KCL x $300 net to AAA per ton = $630 million dollars / 250 million shares =
$2.52 EPS x 20 times forward EPS valuation =

$50.40 per share in full production....thats not guessing but AAA reality in 3 years

Ronin it appears you are not far off from your projection!! I have assumed that phase 2 drilling will prove up the same amount of KCL as phase one. I have assumed 250 million shares for arguments sake, but still feel AAA can go into full production with much less dillution than that. Considering a credit facility or 2nd offtake for aprox. 10 million shares and 5 year gaurantee on pricing and the balance of 65% of Capex paid for.
Karma

http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=29266379&l=0&r=0&s=AAA&t=LIST