TSXV:AAA.P - Post by User
Comment by
Fertimanon Jan 29, 2015 11:29am
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RE:Proposals from diversified industrial organizations to fund
RE:Proposals from diversified industrial organizations to fundJust love this update... must repost.
Fertiman wrote: Allana has been approached by large industrial groups that want to cooperate in the development of the project
MOP
– Proposals from diversified industrial organizations to fund and build the MOP production
facilities jointly
– General framework is to provide significant funding, provide full construction services
including construction completion and performance guarantees
– Allana is currently in negotiations with these parties and the full due diligence process is
underway
SOP
– Proposals from fertilizer groups to cooperate on the SOP production process development
including full feasibility study, enter into an off-take agreement pending the results of the
PEA, provide separate funding for SOP development.
– Allana is also working on various financing options for the SOP project development
including potential establishment of a subsidiary that will be funded separately from Allana
Potash Corp and focus exclusively on SOP development.