TSXV:AAA.P - Post by User
Comment by
sdomaeon Aug 01, 2013 8:54pm
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Post# 21645375
RE:One good thing with lower potash price
RE:One good thing with lower potash price
Oh Jeremy stop it already!!! You're killing me. Talk about reaching!! Holy christ you don't stop.
You must be Alessandro Bruno from proedgewire.com .
So lower potash prices are good for Allana? C'mon. Good for purchasers maybe but certainly not for Allana. If Allana had the ability to increase production like Uralkali does then fine , we could be looking at some still pretty good revenue but the reality is that we are going to be restricted by the availability of water.
We are looking at much LESS rosier economics than those laid our in the Ercosplan FS. That is a fact. You can argue that potash prices will be above 400 bucks in 2016 but I call bull schit on that one, especially in light of what has just been announced by Uralkali. The economics of our project look less rosey every day. Still economic but not as pretty as potash selling at 420 or 430 or whatever assumed price they used.
Now give us another positive spin. Try to baffle us with more BS. Give 'er