It's obvious ICL wants to
in response to
by
posted on
Sep 11, 2014 07:26AM
Focusing on the Dallol Potash Project in Ethiopia
takeout this project. You can't blame them for wanting to get it cheap. ICL tipped their hand by this statement.
in collaboration with the Allana guys, is trying to narrow down the
Capex estimate range to a level where we can feel comfortable to approve
this, at least as investors.
The $25 million of AAA shares they bought in April has already made them investors . The only thing they have left to approve is a takeout bid. The dance has begun.