TSXV:AAA.P - Post by User
Comment by
Fertimanon Jan 23, 2015 1:17pm
![](https://assets.stockhouse.com/kentico-cms/0342-00/images/Sprite.svg#id_Post_Views_Icon)
107 Views
Post# 23356637
RE:Water Rights and FEED
RE:Water Rights and FEEDFEED work stopped due to Strategic Initiatives??? You just don't stop a FEED program like this for no reason... Someone said that the Chineese engineering firm could possibly do this FEED???? Any comments??
Fertiman wrote: Water rights have been given to Allana. This is a major event IMO as this means we will not lose this to others.
Also highlited below is the comments on FEED.
Strategic Initiatives?? Mine both MOP and SOP?? Interesting to see this.
OTHER PROGRAMS
The Ministry of Water, Irrigation and Energy granted Allana an exclusive
right to extract approximately 30,000,000 cubic metres of water per year
which greatly exceeds the requirements for MOP production of 1 Million
Tonnes per Year which is estimated at 18,500,000 cubic metres
AMEC Americas engaged to conduct FEED work on project
AMEC conducted trade-off and optimization studies as well as initial
process design studies and costing.
Due to various strategic initiatives that could impact the FEED work, Allana
has decided to suspend the program at this time