TSXV:AAA.P - Post by User
Comment by
Fertimanon Mar 09, 2015 7:28pm
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Post# 23504241
RE:461K trades and stock falls 0.02 cents
RE:461K trades and stock falls 0.02 centsIf you read the Allana press release you will find the following... so that's what's...next IMO
The PEA’s extremely positive results give Allana great confidence in the SOP potential at the Project and management will evaluate undertaking a full Feasibility Study for the production of SOP.
The PEA also allows Allana to move forward confidently with its project finance plans and ongoing talks with potential strategic partners. Allana has retained a financial advisor to assist the Company in its evaluation of various options to maximize the value of the SOP potential for Allana shareholders.” https://allanapotash.com/news/index.php?&content_id=233
Chief Executive Farhad Abasov said the company
will decide within weeks whether to structure its 1-million-tonne, $787-million SOP project as a joint venture, subsidiary, or spinoff. It will then talk to Yara about combining projects, but is also speaking to two other fertilizer producers and an industrial company. https://af.reuters.com/article/investingNews/idAFKBN0M00N920150304?pageNumber=1&virtualBrandChannel=0
dusoft wrote: Not a good sign in my opnion.
It is clear the investors have now rejected the last " so called" good news on SOP as noise.
Ferti and Longs what is coming next ?