Tank... You are absolutely right... We have to put our faith in management that they will bring shareholder value as the project moves forward. Management has delivered on all other milestones and I hope they can deliver on the debt financing...
They have given me no reason to believe they won't deliver. The reason I'm very optimistic is because of the partnership with ICL. Having an offtake with 100% of the production and 80% take or pay is security for the banks... The fear mongers on SH try to make the partnership sound like a terrible deal but the facts prove otherwise IMO. ICL has the marketing.... Customers... Technical know-how... And will take Allana through to production IMO.
Banks... Financial institutions will like the fact that ICL is guaranteeing the offtake with committed funds... So yes I have hope at this time...