TSXV:AAA.P - Post by User
Comment by
Fertimanon Dec 23, 2013 11:35am
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Post# 22033265
RE:RE:Thank god allana found more sop than mop
RE:RE:Thank god allana found more sop than mopI thought I would repost this as it's getting buried quickly here... This SOP is a massive find IMO from the nova land.... At 1 million power year production this equates to a possible $600 million of additional revenue.. If Allana is also mining and selling 2 mmt of kcl this could add $600-1,200 million of annual gross sales.... Allana could be at its peak just under 2 billion in annual sales based on modest potash numbers. This of course is hypothetical, but you can see the real potential here... With the shallow SOP production does anyone know if Allana is looking to develop a second mine for SOP production. Most SOP is created using sulphuric acid with Potassium Chloride. It looks to me like Allana has a clear advantage with a large SOP deposit and a low cost SOP extraction process. They will need to do a FS on the SOP, but anyone in the business will look at the Nova drill results and see that this is potentially a very valuable asset. Question is will Allana develope one or two mines in Ethiopia?? Potential for 2 mmt KCL, and 1 mmt SOP is not out of the question with teh water that they have IMO... Do your DD people as there is a lot going on here! Read more at https://www.stockhouse.com/companies/bullboard/t.aaa/allana-potash-corp?postid=22032950#utP21yD5rJfuY9Uf.99