THE PIGS CALCULATIONS....FROM THE PIGS BLOG.............
https://paintedpigmedia.blogspot.com/
V.AAA-ALLANA POTASH
SO THE PIGS TOLD YOU ALL ABOUTALLANA. ITS CHEAP, HAS A GREAT CHANCE TO BE A MULTI BAG RETURN FOR THE HOLDER,AND THE OPTICS ARE SUPERB. SHORT AND LONG TERM. WHAT WITH CHINA WANTING TO FEEDITS MILLIONS FOR YEARS TO COME AND IT NEEDS 35% OF THE WORLDS POTASH TO DO SO.HENCE THEIR INVOLVEMENT AND THE WANT OF BHP TO BE INVOLVED AS WELL. CAN YOU SAY‘BIDDING WAR” ? THE PIGS POINT HERE IS TO OPEN UP A NEW REALM OF THOUGHT FOR YOU, ANDTO MAKE SURE, ABSOLUTELY SURE THAT YOU TAKE PROFIT OFF THE TABLE AT THE RIGHTTIME.
THE PIGS POURED THROUGH THE 43-101TECHNICAL REPORT, THE HISTORICAL DANAKIL AREA REPORTS, THE COMPANY WEBSITE ANDTHE INTERNET FOR THIS INFORMATION. IT “IS” HIGHLY SPECULATIVE ! AND NOT TO BETAKEN AS VERBATIM ! IT IS, HOWEVER, FOR DISCUSSION, AND IT IS FOR SPECULATIONAND IT IS QUITE POSSIBLE THAT WITH THE RIGHT CLIMATE, THAT THESE VALUATIONSCOULD OCCUR.
ON TO THE NUMBERS…………..(THE NUMBERSBELOW “DO NOT” TAKE INTO ACCOUNT ANY POTENTIAL HIGH VALUATIONS FROM A BIDDING WAR, SHOULD THATRESULT)
PRICE OF POTASH: $315usd/Ton ($250usd used forde-ration calculation. $450usd/Ton market price speculated by end of 2010)
DANAKIL POTASH ORE: 1-200 MILLIONTONS (100 Million used for de-ration calculation. Possibly up to 500 milliontons as speculated by some historical reports….AND ON ONLY 10% OF THE AAAPROPERTY EXPLORED TO DATE)
KACL @ 34%: 88 MILLION TONS-122 MILLION TONS (DEPENDENTON REPORTS)
IN SITU VALUE: $250 x 100,000,000 =$25,000,000,000
ALLANA’S SHARE: 80% = $20,000,000,000 (CURRENT DEAL FORMAT WITH THE CHINESE))
OUTSTANDING SHARES: 80 MILLION ( 100 million shares used for de-ration calculation)
GROSS VALUE PER SHARE: $200 (Even at90% de-ration calculation, $20/Shr. Is a nice pay day from current levels.