TSXV:AAA.P - Post by User
Post by
Karmanowon Sep 01, 2011 3:32am
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Post# 19001403
Stay Tuned Folks
Stay Tuned FolksDead Money is only "dead" if....there is no significant news or catalyst to move the stock and company forward and to a new level...
What I know is that Farhad returns next week from being overseas doing our business for the last 4 weeks.
I think we will be informed next week on "new developments" that should put things into a clear perspective for AAA shareholders and support those that think that this man is not on a mission....our mission...
So, one week to wait and then we can all see what our CEO has to tell us from his multiple meetings in Asia...
Some analysts have stated that they want to see a "catalyst" in order to upgrade Allana Potash...
We can all speculate on what that catalyst might be, but I think any form of a positive Offtake Agreement or Confirmation of a Lead Bank to secure 60% of our required Debt Financing to build our mine and processing plant will do....no other junior has either of the above...
I still do not believe that the market fully understands the real value or potential of Open Pitt Mining our shallow potash....twice the extraction rate and 50% of it will be SOP at a premium of $150 per ton. $520 + $150 = $720 per ton SOP....take off what ever operating costs and that leaves alot of PROFIT for Allana.
Nor do I think the market has priced in either a Signed Offtake Agreement with either an Indian Ag or Chinese AG company or a concrete plan or commitment for Debt Financing...
10 drill hole results pending...and the market has not priced in the potential of the Infill Drill Holes increasing our measured and indicated tons by at least another 30%...that also increases our NAV by 30%....
So much pending....stay tuned.....right sector.....right company....and right CEO....period!
Karma