TSXV:AAA.P - Post by User
Comment by
bashertrasher1on Nov 18, 2014 8:38pm
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RE:RE:Our bashers are useless.
RE:RE:Our bashers are useless.From the document:
Potash for Africa
Allana Potash has recently entered into a strategic partnership with ICL (formerly known as Israeli Chemicals Limited) to fulfil a vision they have called “Potash for Africa First”. According to reports, the deal will entail ICL investing up to $84m to develop and market Allana Potash’s Danakhil project, while also agreeing to take all the annual production up to one million tonnes. According to InvestorIntel, Africa only consumes about 750,000 tonnes of potash annually, but with the proper infrastructure as much as
six million tonnes a year could be sold into sub-Saharan Africa. In addition, Africa does not have a sufficiently large fertiliser industry to meet its own needs, while there is also growing demand for fertiliser from large foreign companies which are increasingly investing in African agricultural projects. Allana will be producing muriate of potash for staple crops production and Danakhil is
expected to be one of the world‘s lowest cash-cost potash projects