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Focusing on the Dallol Potash Project in Ethiopia

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Message: Re: The question is what is ICL
1
Aug 19, 2014 07:39AM

BHP gave up the land next door to Allana several years ago. I think any offers from ICL for Allana would need to be in the $2 plus range short term and north of that once we get the mine funding completed. Farhad has been very clear that we are under valued, those who have the controling interest in Allana shares are not about to give this thing away when we are on the cusp of production. ICL could be raising funds to buy into the funding of our project or to take a run at us once we have the funds need from development banks locked up.

Call it wishful thinking but I think once the funding is in place we should sell in the $3-3.50 range and that will climb as construction starts and we build the project to production.

1
edx
Aug 19, 2014 11:25AM
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