TSXV:AAA.P - Post by User
Comment by
oceanelevenon Feb 12, 2014 6:29pm
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Post# 22202299
RE:A brighter and clearer picture ahead of us
RE:A brighter and clearer picture ahead of usthe lenders will go for this and the mine will get built....so the agreement ICL did was very beneficial to them and just okay for Allana shareholders considering they needed to get something done in terms of off-take and some kinda moola to get things rolling....Lets roll back to the ICP deal with Yara paying huge permium to sp to get an off-take agreement done....The ICP management got a good deal....this deal is like a roll back for shareholders at this time...I expected a deal at a much higher sp then this....and the way this deal has been written up, Allana will have to raise money at some point here and ICL could be main participater and they have already locked in a 60 cent sp good for 36 months?