TSXV:AAA.P - Post by User
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oceanelevenon Oct 17, 2013 1:23pm
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RE:Allana potash will add to resource Nova results soon
RE:Allana potash will add to resource Nova results soonThanks Jubatus for digging up that article....this is one of the examples of many interviews where Ricky scares me....
Western companies have not been welcome in Ethiopia for very long, so the death in August of modernizing Prime Minister Meles Zenawi has raised questions. Kelertas is pleased to report a seemingly seamless transition. “The Deputy PM took over, and there haven’t been any incidents or uprisings or upheaval in government services or anything similar. In terms of the security around our site, we’re basically in the middle of nowhere, and we’re also not far from the Eritrean border. There have been no real border skirmishes for the last five to six years between Eritrea and Ethiopia. There is peace now, and a very large garrison of Ethiopian troops is stationed between our minesite and the border, so stability in the region is now the norm.”
Macro security has been settled and micro as well. “Of course, we get a lot of people coming in looking for employment opportunities, so we have to let them know we’re not ready to hire extensively at this time, although we have with our pilot-testing program. So the security at the minesite has been basically non-active, and they haven’t had to do much compared to some other African countries, where there’s always some threat of an uprising or a Taliban threat, we’ve not seen that in Ethiopia at all.”
Read more at https://www.stockhouse.com/companies/bullboard/t.aaa/allana-potash-corp?postid=21823705#Ax6G4skCuLpuJxRh.99