AgriMinco Corp ETPHF

Yara

[AdamPJ]

Could they be our partner?:)

Yara increases ownership in

Ethiopian potash project

Ownership increased from 16.7% to 51%

Yara takes over project management

Feasibility study completion expected

mid 2013

Production start-up 2-3 years thereafter

Estimated capacity 1-1.5 million tons

https://www.yara.com/doc/39254_2012%2004-27%201Q%20Web.pdf

Thanks To

Bob

[BlindBat_1]

It would indeed be a nice outcome - however I am not aware that Yara had in the past ± 16% ownership of FED. Furthermore for them to take a 51% stake it would mean having to make a formal Takeover offer as anything hitting the 20% + share count triggers such.   Lastly, if I recall the last comment from Roach, what was on the table and offered was a 19.9% interest/ownership ( hence

[AdamPJ]

Sorry Blindbat but this a a 51 % stake in the Sainik Yara JV, Which means they like the basin and I would Imagine are coveting feds assets