TSXV:AAA.P - Post by User
Post by
butthenagainon Feb 13, 2014 7:01pm
344 Views
Post# 22207585
It's a poor heart that never rejoices.
It's a poor heart that never rejoices.I feel Farhad made the best deal he could, taking into consideration the companies dwindling financial resources and lack of support from any number of possible partners. My feeling it was going to be ICL was because of its need to replace present resources in time and its expertice in SOP. Anyone else could have increased MOP. I feel SOP is going to be what makes or breaks my investment expectations in Allana. I agree, retail must be informed of the discount ICL will receive on its purchases from us, and in a timely manner. We must know in order to place an evaluation on our investment.
All told, I am glad partnerships are out of the way for now, and we should soon be on the road to production. It is my opinion that a takeout by ICL is a possibility once they can verify all resources and prove up a use for the SOP. I feel this is the reason Farhad went with ICL, which might prove to be his greatest accomplishment.
I have still never sold a share, adding greatly over the last year, and will add more if progress continues. I also feel bashers will eventually disappear as the big boys pick up all the loose shares. Then watch the climb.
butthenagain