TSXV:AAA.P - Post by User
Comment by
skip_rickon Mar 24, 2011 2:22pm
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Post# 18335878
RE: Strategic (Longsidebet)
RE: Strategic (Longsidebet)You're absolutely correct.
I also see Farhad's card-playing abilities this way -
This 'partnership' with IFC comes at a time where another big money player is now into the game - possibly to keep BHP (or other significant 'other') at an acquiring distance AND to prevent another Canpotex cartel issue.
That is, having the World Bank group involved for longer-term debt financing (assuming mine production) creates a stumbling block for a BHP takeover (or Vale et al). It opens a lot of client/financing doors for product sales - China, India, Europe, North America, etc.
Farhad, to me, is a genius, IF this was his intent.
The immediate focus is NOW on Ethiopia (Allana, in particular).
Great job, Farhad & Team.
Skipper