Re: Just home from AGM
in response to
by
posted on
Mar 28, 2014 09:15PM
Focusing on the Dallol Potash Project in Ethiopia
I got the feeling that they will have some funding before summer, it could be from one of these non-development banks or a private lender, they seemed to think getting money from non banks has become much easier due to ICL. I would like to see the money come from someone other than ICL myself.......I don't want ICL holding all the cards yet! I have been to most of the AGM's over the past few years and I found this one One of the better one's we seem to have reached that crossroad in the project and it's full speed ahead.
Abersov also talked about the potash price and at 300-350 which he see's the price for the next few years, we will still be one of the most profitable projects in the world, also many other Jr. and major's just can't progress their projects at this price.