RE: RE: RE: RE: Looking like AAA will gap down tom"It is much easier to fit together the pieces after the fact. Thefeasibility study was delayed.......most likely to include the newproperty. Drill baby drill and let's see what we have.!"
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small mistake,
last one was a resource estimate (NI 43-101),next one (in a few months,4 ?, from now on.) should be a updated resource estimate.
a prefeasibility/feasibility takes more time.
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allanas hp states:
In June 2011 Allana released an updated NI 43-101 compliant resourceestimate based on the results of 19 drillholes and results of the 2Dseismic survey. The resource was prepared by Ercosplan and is comprisedof Measured and Indicated Mineral Resources totaling 673M tonnescontaining 126M tonnes of KCl and additional Inferred Mineral Resourcesof 596M tonnes containing 119M tonnes of KCl. Details of the resourcesare given in Tables 1 and 2. Geological studies in drill core fromAllana's work in 2010 and 2011 identified four potash horizons ratherthan the two horizons identified by Parsons in the 1960s. On the Allanaproperty potash occurs in the Sylvinite, Upper Carnallitite, LowerCarnallitite, and Kainitite Members.
https://www.allanapotash.com/s/Ethiopia_Project.asp?ReportID=373997
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last dundee report (from june,22th) states:
"Updated resource estimate in 4-5 months: Once the additional drilling is
complete, the company will once again update the NI 43-101 compliant resource"
"Feasibility study in 12 months"
"Exceptional Resource Update of 673 Million M&I Mineral Tonnes
Exchanges TSX-V
On Monday, Allana Potash released its updated NI 43-101 resource estimate"
"Recoverable KCl tonnes:
We have assumed several factors in determining our
estimate of recoverable KCl. We multiply the 673 million tonnes of M&I sylvinite
tonnage by the weighted average KCl grade of 19%.
We then assume an
extraction ratio of 85% and adjust for losses due to unknown anomalies (10%)
and deduct 15% for mining and plant losses.
This gives us a recoverable KCl resource of 82 million tonnes.
Production Schedule: Based on the recoverable resource described in the
paragraph above, we have assumed a more aggressive mining operation,
beginning with 1 million mtpy and eventually reaching a design capacity of 2
million mtpy by 2020E, with full ramp up (95% utilization) by 2022E."
"Recoverable KCl = Volume of rock * Density of potash mineralization *KCl Grade * Extraction Ratio * Deductions (where no extraction ratio wasgiven, 35% was used)"
https://research.dundeesecurities.com/Research/AAA062311.pdf
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but whatever ,
here´s the last technical report from allanas hp made by ercosplan (released june,24th)
https://www.allanapotash.com/i/pdf/reports/NI43101TechnicalReport.pdf