TSXV:AAA.P - Post by User
Comment by
Fertimanon Jan 14, 2015 1:29pm
![](https://assets.stockhouse.com/kentico-cms/0341-00/images/Sprite.svg#id_Post_Views_Icon)
92 Views
Post# 23318862
RE:RE:RE:RE:RE:RE:Daytraders
RE:RE:RE:RE:RE:RE:DaytradersAllana is on the cusp of financing Ocean and you know that... this is a great post example of how you like to play the what if... and you do have a point... But the delay in financing for the project is the additional water testing and the mine large scale cavern testing. The ICL partnership with guarranteed offtake has secured Allana's requirement for a market and cash flow. Farhad has already stated this.
If the world goes into a recession?? I think Alberta will see a major reduction in it's revenues and many are thinking oil will rebound mid year. Then that is speculation on the other side. This project I think will not be effected and as the lending is very advanced. Unless the entire potash market crashes to <$250 ton I don't see it.... But hey that's my opinion here.
Even though Allana is very advanced in the financial lending there still are risks here.
oceaneleven wrote: so you traded.....good for you...........profit is good..........you keep saying ICL-16%......they can get their hands on more by the deal they cut........they can also participate in PP's.......management is compensated already in the ICL deal....ICL could have their vote to..........if the global economic situation worsens, they could get alot of shareholder votes here to...let me ask you this, if the markets head south in a real large way and we all go into recession(I gave you heads up already on this subject), would you accept an 85 cent offer...........