Replies to post #11686 on Allana Potash fka AAA

[tankphillips]

I originally posted 2 - 3 million tons of SOP production within 5 to 10 years on the Agoracom website. This information was stated by Farhad Abasov at the recent AGM in Toronto. There is a recording of the AGM which proves this at the 37'58 minute mark. This is an amazing statement yet have doubts we have the water resources to support such a large operation in addition to 1 million MT per year of MOP production.

[justin_a_lyesse]

For all you doubting Thomases out the there (wshaw14), as tank says, there is a recording of the AGM. I was at the AGM and I made that recording. Just so there would be no "doubt" of what was said. The Recording is quite clear (except for one of the questioners who was mumbling somewhat) and includes the presentation as well as the question and answer period. Farhad does indeed state that Allana is looking at up to 3 MTY of SOP and also states that he doesn't want to "flood" the market, so to speak. He also states that he does not believe the Price of SOP will stay as high as it is now. ICL's Yoram Cohen was also there (sitting just behind me) and stated that ICL was indeed very interested in the SOP. As for the water issue, may I remind everyone that there are actually two lakes near the mine site. One is about 25 KM and the other larger lake is about 100 KM away. So although the availability of water from the aquifer may be limited, if Allana is looking at producing up to 3 MTY of SOP, there is plenty of water availabvle (albeir at higher cost to build a pipeline).