Connect The Facts Undervalued does not begin to describe Allana. We are on track to be the next "producing potash miner" in the world....Farhad’s stated model for the mine and infrastructure capex is 60% long term debt or $800X60%= $480M) we have an expressed $600M on the table for debt financing and 40% the required capex from equity. If you do not already know, Farhad holds a PATENT Financial Instrument that provides investors with Preferred Shares that hold a very nice Dividend paid for from the sale of potash…and they are NON-DILUTIVE TO SHAREHOLDERS. I believe we will hear more about this in due course. If you would like to see a sneak peak…have a look at Rodina Minerals and their recent $3m deal announced last week. A 9% dividend and a ½ share warrant attached. The interesting part of this is the Preferred Shares were sold to long term investors for a 400% premium to the share price of Rodina…and the ½ share warrant can be bought at a 100% premium to the current share price of Rodina. The other interesting part of the deal is…Farhad is the Chairman of the Board of Rodina Minerals….
I believe that Liberty Metals and the IFC will be the likely first candidates to be given a piece of the 40% Equity Debt or $320m through Preferred Allana Shares with a nice dividend paid for through production of potash. The other part of the $320m equity debt will likely be paid through an Off Take Agreement and paid back through production of through dividend and a guarantee of part of the production (similar to the China Minerals MOU)…The nice part of all of the above is …payments and dividends are based on Allana PRODUCING POTASH…and these investors become long term and shares are in “friendly hands” Oh…did I mention that this is a Patent Financial Instrument and other juniors can NOT just take it and use it without Farhad’s permission…
Allana drops over 30% over the last 3 months. During this same time Allana confirms 19m tons of sellable potash: (19m x $200 net profit = $3.8 billion dollars)….
we have the most cash on hand out of all the juniors at $70m…and Farhad states "Allana is very encouraged by the “formal expressions” of interest from various propsective lenders consulted to date. Do you think they have done their due diligence? Do you think they are worried about Allana proving up the required water for solution mining? We are being told how it will be done…and soon, we should hear more about the technical testing that has been going on for months now…We have been patient and as the fundamentals keep getting better…so will the value of Allana Potash and thus the share price.
March 5, 2012: is pleased to announce that further to its press release on October 3, 2011, as part of its overall project financing strategy, initial discussions with various prospective lenders have been very positive and thus far Allana has received, in aggregate, non-binding indications of interest totaling over $600 million, exceeding the amount of debt financing Allana was initially contemplating to utilize to finance construction of its Dallol potash project (the "Project"). As a result, management is pleased that its targeted capital structure for the Project has thus far been well-received by lenders. Allana intends to continue working with its project financing advisor BNP Paribas Farhad Abasov, President and CEO, commented: "Allana is very encouraged by the formal expressions of interest from various propsective lenders consulted to date.