Welcome To The Allana Potash HUB On AGORACOM

Focusing on the Dallol Potash Project in Ethiopia

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Message: Speculation on financing.

Great summery Justin,

One other thing, during Farhad's recent conference video, He went out of his way to relate his employment history with junior explorers, i.e., that he took Potash One and Uranium One---from scratch to buyout. What I extracted from this was that----the same thing was going to happen to ALLANA. As we know, ICL has put into their agreement with Allana --1) THAT THEY CAN BUY UP TO 38% of Allana anytime they choose with additional cash injection---up to 85 million---and that they have first rights--to match any proposed buyout offer--- from any other company.

What I heard from this lecture-- between the lines-- was--- I, Farhad A., CEO of Allana-- can't tell you directly but if you listen to me---- I will tell you that I have been down this road twice before--and you can expect the same thing to happen here--that I will have taken Allana from scratch to production with a buyout at the end. He was also saying that this is common place in the industry and, I think, common sense here. IMHO.

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