TSXV:AAA.P - Post by User
Comment by
Karmanowon Dec 16, 2010 10:04am
248 Views
Post# 17855086
Down Today?....Going Forward Up!
Down Today?....Going Forward Up!Day to day you may be right , but going forward and as Allana continues to achieve milestones and deliver the goods it is just a matter of time....in my oppinion, the real money sitting on the sidelines will come in after our N1 Resource Report is released this spring....I think alot of people are going to be very surprised with the Measured and Indicated numbers Allana posts...as stated by others, most institutional money can only come into stocks that trade over $1.00 per share...
2011 will be a stellar year for shareholders of Allana....next year at this time I believe that we will have:
-completed the initial drilling program in Argentina,
-completed the required N1 Resource Estimate for Ethiopia,
-engaged into the required Bankable Pre Feasibility Study,
-signed off on the agreement with ChinaCo. for 20% offtake agreement, and a decision is made on whether to -
accept a second offtake agreement for the 65% of capex for mine construction or
-to go with Liberty or Another Financier for a long term credit facility to finance the 65% of mine costruction and put
the long term financing to bed once and for all.
-I believe that Allana will prove up enough "pounds in the ground" using $3.25 per proven ton in the Measured and
Indicated Categories to have a NAV between $2.00 - $3.00 per share using the same formula as K + S paid and comparing apples with apples and not wishful thinkers, Thats 300% from here !!!!!
K + S bought Potash One for tons of potash in the ground, for their 101N1 Report Completed, for their Feasibility Completed and Permits in place....not rocket science....but Allanas reality.....are all 5 analysts wrong?
........................................................When Opportunity Knocks.....Open The Door.............................................................
Karma