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ertwo

07/18/14 11:15 AM

#10958 RE: Cheeky Kid #10957

That would be good only if it is sold at high enough premium to the current share price.

There are people around here who need 1.50 to brake even...
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ertwo

07/18/14 11:20 AM

#10959 RE: Cheeky Kid #10957

From Mining Business in Ethiopia:
(this might be the stull which is borthering Farhad)

Seems the gov't officials paid Allana a visit in the Danakil.

One little passage on page 82:


The government has started to build highway from the Danakil region to Djibouti

for the export of potash. Discussion with Allana Potash – Dallol indicated that this road will

require upgrading of bridge capacity to accommodate the truck size they will be using. To

overcome these constraints, Allana Potash has decided to build its own road segment to

ensure reliability of its transportation operations.


So now we are building part of the road? Hmmm ... at what cost?