TSXV:AAA.P - Post by User
Comment by
Karmanowon Apr 14, 2011 11:32pm
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Post# 18434969
RE: UBIKA RESEARCH
RE: UBIKA RESEARCHExcellent Find mooltoose++ So now Ubika has just validated what Dundee said last week. $2.56 share price...wonder what their model will get with our new resource estimate?? Try 500 million tonnes in the Measured and Indicated Categories at 20% KCL...= 100 million tonnes of KCL / 2 million tonnes of KCL produced per year = 50 year mine life...
Can you say "Junior Potash Miner"...rolls off the tongue so nicely....++ and a move from the venture exchange to the big board will be a good day as well. The next 30 days are lining up to be a wealth of news and likely the largest catalyst to move Allana into the spotlight...and maybe the headlights of some investors that require the completed NI Resource Estimate...and onto the Bankable Feasibility Study....and potential to have financing in place prior to the completion of the Feasibility Study...no wonder AAA is Dundee's and Ubika's Top Pick amoungst junior potash explorers !!!Anyone still think that Farhad is going to have a problem locking up the Samarian Block of land when the land lease expires in 3 months?
Ubika believes the World Bank investment is a major endorsement for Allana in derisking our project....gotta like this "
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enhances Allana's political clout as it is working to develop its potash project. Given the deep and wide-ranging network of IFC in the emerging markets, IFC capital validates Allana's project potential. This capital also brings vital access to key consumers of Potash who may now find it attractive to partner with Allana to finance the project. This gives Allana an opportunity to use IFC to fund the project or make Allana an attractive acquisition target for a bigger potash miner or fund from a Potash consuming country. Any of the above scenarios will be very rewarding for Allana investors.
Allana has successfully executed both with the drill bit and by attracting key strategic investors. Werate Allana Potash as UNDERVALUED with a Ubika Model Price of $2.56. We continue to believe that Allana possesses significant resource potential which over the course of 2011 will be defined further and expect transformation to a
new company, a junior potash miner, to emerge from the activities in 2011.We consider Allana our top pick amongst the junior potashexplorers/developers.