Welcome To The Allana Potash HUB On AGORACOM

Focusing on the Dallol Potash Project in Ethiopia

Free
Message: There back

From what I gather financing is coming together as planned. Based off the last report... Coming in batches and completed by the end of the year.... Hopefully!

Further DD is required by Allana to comply with the requirements of the financing... Which is why we are delayed from the first prediction. End of last year... Water confirmation.... Mine cavern testing... Etc... IMO. These are all things that the lenders are looking at... Alana's property has some complex geology... Fractured potash layers vs. Flat uniform bed like in Saskatchewan... The good news is the deposits are shallow and they have mapped the beds out in great detail and have had great success of testing to date...

Time.... Will tell... But I expect to see something soon...

This is all hypothetical and hope to see the financing well behind us soon

Share
New Message
Please login to post a reply