Re: Will a buyout occur before financing or after...
in response to
by
posted on
Nov 06, 2014 01:23PM
Focusing on the Dallol Potash Project in Ethiopia
Thanks for your honest imput as well. I figure, why nott be honest. I only invest in stocks where I believe in the long term possibilty. But if they become range bound, I range trade a bit and reinvest the gains to usully increase the size of my longterm hold. As for Allana I believe as you do that the rlationship between them and ICL is mutually benefiial. I also agree that from ICL's point they are better to wait until closer to initial production and export. If you read the article on Chinese Agricultural interests in Africa you will see that they are proobably in the same boat. However, China has shown interesst in opportunity driveen investment in Canadian resources. They may use the present market down turn to quietly coollect share and position themselves for a hostile bid closer to completion. As they just bought out the largest Israeli smart irrigattion producer I am sure they are aware of ICL as well. but as you say right now it is all about the financing. I hope the executive are looking to Chin and Korea as it is in bothe of their best interests to promote African Potash security as they ar heavily invested in African Agriculture.