TSXV:AAA.P - Post by User
Comment by
Fertimanon Jul 06, 2014 2:59pm
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Post# 22719457
RE:RE:RE:Fertiman - if that billionaire dude is puttin the 600 milion
RE:RE:RE:Fertiman - if that billionaire dude is puttin the 600 milionAny comments Trevor?? 100% offtake.. 80% take or pay!!
Fertiman wrote: Because.... Da bashing here isn't recognizing the fact that Allana has entered an agreement with ICL for 100% offtake with a 80% take or pay that will ensure to the financial funds will be available to pay the debt. Yes the market is oversupplied but Africa is one of the few growing markets in the world at present that requires additional potash. Allana is sitting in a key areas that will consume a large portion of its production... With an ultra low OPEX. Also ICL has stated their intentions is to use Alana's production for their African growth strategy.... Since they are taking 100% of Alana's production, I would expect some product initially may go to Asia while the African market develops.
pennypincher11 wrote: dachuteisready wrote: Why is such a PUMPJOB being put on by you? You don't believe it, DO YOU? I thought so.