TSXV:AAA.P - Post by User
Comment by
Fertimanon Jan 28, 2015 3:32pm
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Post# 23373795
RE:RE:Interesting post!!
RE:RE:Interesting post!!What has changed?
I believe YARA and Allana haver been sharing data on the SOP mining process. From what I heard YARA needed water...Allana gave them water in exchange for some data and information on thre SOP.
I expect the SOP was always on the development list, but as Sdome always said it was never proven large scale....boy I miss our debates...
As the MOP has a partner and the financing has a "CLear Vision" according to Farhad, the next step is to develop the SOP. I believe he did it right in that how do you market both right off the start. It would be very difficult and needless to say costly. Doing the development in stages is very smart. Just like Farhad :)
Why develop one potash souce when you can develop two!
Ethanbrodie123 wrote: The reason for SOP at this time is reasonable and something I would do given the circumstances.
Sure, before, Farhad and team said they would look at SOP at a future date. What has changed? Farhad and team see our shareprice as undervalued by quite a bit. They are also worried about dilution. So, because shareholders are paying them salaries, what do they do? they are concerned. Why not give the market an economical product like SOP where the market gives allana 0 value for? Why not talk with Royalty and streaming companies to reduce dilution when it comes time to finance? ICL is probably playing their games/sniffing for the right opportunity to buy in low, or takeover. If the results for the PEA are positive, the market alsmost has to add some value for that. ICL will now have to pay more for allana because the PEA preliminarily says it is possible for SOP production.
These are what we call Excellent strategies to enhance shareholder value and avoid a takeover at a rediculously low price. It also will attract more strategic investors or potential takeovers that may induce competition for our resources.