TSXV:AAA.P - Post by User
Post by
Fertimanon Apr 27, 2014 1:46am
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Post# 22495331
Allana Transformative Deal
Allana Transformative DealTransformative....
Allana partners with ICL... It sounds like a few here forgot the significance of this partnership and 80% offtake .... for you Escapeartist... :)
This is very important because it basically guarantees revenue for the company for at least 80 percent of its production going forward. It is very important for lenders because it shows that we’ll be able to service the debt. And of course, it’s important for equity investors, because it shows that, again, we’ll have the guaranteed revenue coming to the company for at least 80 percent of the production. Now, 20 percent will be marketed by ICL as well, at the same terms.
https://potashinvestingnews.com/10084-allana-potashs-transformative-potash-partnership.html