Re: Price Action
in response to
by
posted on
Aug 17, 2014 12:00AM
Focusing on the Dallol Potash Project in Ethiopia
Farhad has said -- in almost all of his last 5 presentations -- that he wants to avoid dilution of AAA stock as much as possible ----directly referring to new financial lenders coming forward ---to make this avoidance of full dilution possible. He couldnt be more direct in what he is saying.
The members of the US CONFERENCE on Africa last week pledged 33 billion dollars in aid to Africa. Allana only needs a very small portion --say 200 million in guarrented loans - to avoid major dilution of it's stock.
Allana should be at the top od the list of companies to get the attention of lenders because it's more food for African people (higher yield to crops because of more and better fertilizer used). And the fact that Allana is ready to go to construction. Potsah in the ground and mining lic. in hand.
My question is --- if Allana avoids half of the dilution of the necessay 340 million it needs for construction financing---the how much is 2.4 billion tons--proven and estimated--worth with an opex of 125.00 and potash at 430.00 in 2016.
WHAT IS AAA WORTH NOW AND IN THE EXPECTED PRODUCTING FUTURE?
2.4 billionT x 430.00 =?
minus 2.4 bt x 125.00=
Gross profit = ?
Could the accountants on board do the math????????????????????
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I forgot to add that that it was mentioned that Allana could ramp up to 3 mtpy potash production by 2017/18. Might as well factor that into the equation. Somebody will make a bundle somewhere along the line here.
I