TSXV:AAA.P - Post by User
Comment by
Fertimanon Aug 14, 2013 12:01am
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Post# 21668419
RE:RE:What Suitors???
RE:RE:What Suitors???Sdome.... when you start apealing to the like of board bashers such as Myliar..... you need to think about your situation here... I will reference the last press release for you.... I know the village idiots will say "Potential".... "Interest"..... etc....etc.... but think clearly..... look at Allana's low cost CAPEX and OPEX and ask yourself why you invested here at 12.5 penies.... you claim....
Offtake and Strategic Partnership Talks
The Company has successfully advanced talks on both offtake and equity investment with a number of large fertilizer companies in the last several weeks. Under the current conditions in the sector, the interest in Allana's low-cost potash project has increased and some of these organizations are now pursuing a potential partnership agreement with Allana. Management is working with various parties and advisors with a view to maximizing value for shareholders.
The Company has also launched the EPCM selection process over the course of the last few weeks. A number of very strong engineering firms have been selected to participate in the process and management's goal is to choose a company that can deliver on engineering and construction objectives in the most efficient manner. Management also continues to strengthen Allana's technical expertise, recently adding a solution mining expert to the team.