Financing

Welcome To The Allana Potash HUB On AGORACOM

Focusing on the Dallol Potash Project in Ethiopia

Reply New Message

Prev Message Back To Forum Threaded View Next Message

marcoll

Rank: Mail Room [?]

Points: 214 [?]

Votes: 5 Score: 3.2 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Financing

in response to

Re: 3% daily loss?? What is going on??

Justin_a_lyesse

posted on Sep 09, 2014 02:27PM

My opinion only. No news on financing till the PEA is complete, next March. Then Financing work will restart to include some SOP. This will be the main topic of discussion on the 18th.

They want us to feel okay about not getting financing this year (share price will drop but not as far as last year, can't afford too, only thrity cents to zero)and or maybe even sell us on "lets get the financing once we have the PEA so we can go ahead with the whole ship."

Let's not worry about SP, (another topic of discussion). We are doing everything to increase shareholder value. This line will be repeated several times during the meeting. Any wagers?

What will not be talked about at the meeting is: We are not buying any shares yet because still to expensive (as financing might be restarted) and risky.