TSXV:AAA.P - Post by User
Comment by
Fertimanon Mar 08, 2014 1:21pm
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Post# 22298371
RE:RE:RE:RE:Should Boost Potash Prices
RE:RE:RE:RE:Should Boost Potash PricesYes... and doesn't that suck for the companies who OPEX is LRS than stellar.... The reason ICP did the deal with Allana was due to their OPEX advantage.... in terms of financial issues and concerns for lending... The ICL deal fulfilled a major requirement for the financing.... Can you say 80% guaranteed. Take or pay!!!! Good news for Allana.... And what you seen to not understand is ICL needs and wants Allana.... I've shared other things too with kind here, which makes sense
oceaneleven wrote: How do you beg to differ Ferti? I provided proof....Potash prices are extremely weak and many brownfield projects have been put on hold along with announced lay-offs etc...Delay in greenfield projects such as Jansen, blah blah blah....as for the markets settling a few month later, it got much much worse....still is not that great and we are what ummmmm 7 months later from the date Alessandro wrote up that blob(blog).....here's a question for you...what if the lenders are a wee bit hesitant to lend and say to come back at a later date right....will ICP buy up the third tranche etc to keep Allana in da money??? more PP'S.....