Karmanow
UBob...interesting no one has made a comment back regarding this public annoucement this week? You would think that any one invested in AAA or those that are long term investor in AAA would be excited that we appear on the eve of Farhad "striking the first deal"....Offtake Agreement....likely...supported and FACILITATED by the Indian Government....hmmm but again maybe his is just speculating? lol And for the record...Farhad only plans on needing $480m or the $600m on the table...to achieve his 60% Long Term Debt for $800 Capex required.....do you think Yara has done their due diligence on the Ethiopian Basin before they took the 51% investment in the property just north of ours? Never forget what Bob has rightfully said...BHP has been turning 3 drill rigs for over a year now (without any news on drill results)...and are on the record as saying that they will step up and get real serious about "taking out the basin" once it can prove up 5m tons of KCL produced per year...but again...maybe they are just kidding and still plan to spend $12b on Jansen...? lol and Blast...not sure if I am any good with leeches...lol If you have time and want a comparison to AAA...go and look at ELM Elemental (in africa as well) less measured and indicated resource and higher capex per ton produced...and more shares outstanding...and trading at .90 cents per share...WHY? "someone" or something wants Allana's shareprice where it is...for a reason me's thinks.......never count out BHP...they play to win and never underestimate the real underlying value of Allana's resource for "pounds in the ground"...
...P.S. Gahlaut, managing director of Indian Potash, said his company was in talks with Allana Potash. But maybe he is just KIDDING?....“We are certainly talking to them, and are confident of striking a deal. The government is playing a facilitator,” Gahlaut said, adding that Indian companies were looking at buying between 5% and 10% in Canadian potash companies.
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