TSXV:AAA.P - Post by User
Comment by
Karmanowon Dec 06, 2011 2:51pm
354 Views
Post# 19296407
RE: Thanks Skipper
RE: Thanks SkipperThanks Skipper++ Quote of the day goes to you....
> BHP requires assurance the Dallol basin contains at least 5mm tpy ofproduct before attempt to consolidate the Dallol area (South Boulder et al) -BHP has 17m sq km of property under lease;
Nice to see that BHP is going to wait until the juniors can prove up 5 m tons of product per year...that gives AAA time to get financing, offtake agreement and BFS completed....all good from this side of the pond!
And do not forget that the IFC has the right to increase its position "if" an outside offer comes in to take AAA out...and the new company does not fit the criterea of the IFC...."white knight"
BHP will continue to do their numbers...and in time...will want to develop the whole basin....but others may want to do the same thing...we are not married to anyone...and Ms. Allana has not even bought her dress for the prom...
Our management is on track and working to secure long term share holder value for us...the rest including the water is just white noise...period. Solution Mining is the planned method for our potash...unless Ercosplan gives AAA another option or partial option with the BFS...we will make millions of free cash flow with either or both options.
thanks again skipper
Karma