TSXV:AAA.P - Post by User
Post by
WHATisMONEYon May 11, 2010 11:55am
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Post# 17084825
Just gets better everday
Just gets better everday
Good morning,
We are pleased to forward an article announcing that the Chinesegovernment is funding the construction of a 5,000 km railway line in Ethiopia.
This development is important for Allana Potash as itvalidates the potential of Ethiopia as a commodity destination and helps tobuild out the infrastructure that will be needed to advance AAA’s projecttowards production.
UbikaResearch has also commented on this development and states that the latestannouncement regarding the Chinese government funding for the construction of a5,000 km railway line in Ethiopia is a big positive for Allana’s potashproject. Once the railway lines are built, after it starts production, Allanacould potentially access Mersa Fatma Port, which is only 92 km away from itspotash property to ship potash to huge markets in China and India. This is abig advantage since shipping potash to the fastest and largest markets of Chinaand India is greatly facilitated as a result of the development of railwaylines.
PleaseCLICKHERE to read full comments from Ubika Research
If you have any questions about Allana Potash please do nothesitate to call me.
Best regards,
Christian Scovenna