TSXV:AAA.P - Post by User
Comment by
JR__Ewingon Nov 19, 2013 5:53pm
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Post# 21920899
RE:Remember this JR?
RE:Remember this JR?Like in the case of uranium junior, when the lender recover the debt payment, the price become the market price (see last line of your underlined section below). This is very different from what you have been arguing for the last year.
Pursuant to the proposed Off-take/Financing Agreement, China Mineral would acquire 20% of the Project's total potash production at a price discounted to the market price and equal to Allana's full operating and shipping costs plus a profit margin for Allana. This potash pricing structure will continue until China Mineral completely recovers its initial investment of the Construction Costs described below. Once China Mineral recovers its initial investment, it is proposed that the pricing will then be negotiated in good faith, based on international potash market price benchmarks.
Read more at https://www.stockhouse.com/companies/bullboard/t.aaa/allana-potash-corp?postid=21920739#R6dxghG20XzAUQei.99