TSXV:AAA.P - Post by User
Post by
Scorison Apr 20, 2012 11:03am
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Post# 19816458
55% of MCAP is cash
55% of MCAP is cash Enough said.
BHP bought Anglo Potash for 281 MUSD in 2008
BHP bought Athabasca Potash for 341 MUSD in 2010
K+S bought Potash One for 428 MUSD in 2011
MCAP minus cash for Allana = 50 MUSD
Allana has a larger resource than any of the above had when they got bought out
Allana has lower Capex and cash costs
Enough said