TSXV:AAA.P - Post by User
Comment by
Fertimanon Jan 28, 2015 11:20am
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Post# 23372280
RE:SOP PEA
RE:SOP PEAPEA SOP from Allana's Jan investor's update. More DD while we wait...
Fertiman wrote: I'm thinking the the testing won't be done until Feb and we will see the SOP out early March?? Hard to say... Regardless I agree teh real prize is the SOP and if the PEA shows considerable value and an OPEX similar to the MOP then it's a major change for Allana IMO...
SOP-PEA
Ercosplan engaged to complete PEA( Preliminary Economic Assessment)
of SOP(sulfate of potash) from the Kainitite Zone, the largest resource on
our mining license.
PEA will focus on 1M TPY production of SOP utilizing solution mining and
solar evaporation.
Dissolution testwork, process design, pond design and costing almost
complete
Finalization of the PEA expected by1Q 2015 with CAPEX and OPEX
estimates and recommendations for additional work for the Feasibility
Study(FS)stage