TSXV:AAA.P - Post by User
Comment by
Ethanbrodie123on Feb 13, 2015 12:35pm
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Post# 23427310
RE:RE:RE:RE:RE:RE:RE:Bad news for the basher crowd.
RE:RE:RE:RE:RE:RE:RE:Bad news for the basher crowd.well now that rail is on the table and has been discussed for sometime, I think the new angle of the bashers now will be that the gov. will just promise and not deliver, or build it part ways and get us to fund the rest.. or (i'm just rying to think of all posibilities).. The reality is that in our capex we have slated some of that for contingency in case the gov. would not step up. Well, they did. They are building the port, they are building the road and both are under construction. Now, it tells me that the government really wants this project to work out. I don't see why they would not do the same for the other infrastructure they are now promising. ALSO, Allana has been very good with their social responsibility. They are treating the community right, they are doing the ATA with their own investment. They are improving the lives of the ethiopian people. They have great relations with the government. This is why we also got our licences at timely fashions. THe bashers are complaining that the government is delaying alot of rights and applications for approvals to other companies in ethiopia. Ethiopia has issued more exploration rights in the last 3-4 years than in the last few decades I believe. Also, if this is the case, Allana stands out above the rest in the eyes of the government. Also, maybe there is a reason why some companies might be delayed by the government.. Are they actually treating the ethiopian people the way they said they would treat them? or is the government getting back word that the company is just there to try and benefit themselves? Allana has been doing a great job of gaining the respect of the ethiopian people and in turn, the government. Happy citizens= happy government.