TSXV:AAA.P - Post by User
Comment by
Karmanowon Feb 12, 2012 3:35am
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Post# 19521866
RE: RE: Land + Water + Fertilizer = Ethiopia
RE: RE: Land + Water + Fertilizer = Ethiopia well said wealthy...Saudi Arabia has been taking steps for several years now to protect their long term needs...after all you can not drink oil....hmmm up to 40m hectares or arable land in Africa...and not more than 10m hectares leased by foreign countries and foreign companies....lots more land and development will happen...and sooner than some might think...the last fronteer to be sure...and the countries with continual fresh water are going to be in the highest demand...in three years time...our basin will be producing african potash....lets hope its Allana at the helm of the first tons produced...a joint venture with a Middle East Sovereign Wealth Fund would do quite nicely...but I think India or China would also like to joint venture for the same reasons...India has done very little to secure long term supply of fertilizers...and they import 100%....A run at Allana and Fed are possible but no one will take out BHP lands unless BHP wants to let them go...and last we heard they have a huge drilling campagn and camp set up as we speak...remember...it was BHP that said they would likely take a run at the Ethiopian Basin once the magic number of 5 m tons of KCL production is confimed....and even more important...they said they would build their own railway to port if the govt does not get the job done...powerful neighbours have its priviledges...
BHP / Chinese Ag Co /. India Ag.Co./ Saudi Arabia / Rio Tinto / Vale / K+S Germany / several Sovereign Wealth Funds....and like wealthy said...after our revised resource comes out in March..."we may get a take over offer from a source not widely discussed on this board that will trigger other offers"...but alas, I think by then Farhad will have over 50% of shares in friendly hands that are not interested in a buy out but a joint venture or off take agreement would be the likely discussion...and our share holders rights plan should be in place by the end of March as well...