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Focusing on the Dallol Potash Project in Ethiopia

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Message: Financing

What makes me question how and when financing will happen?

Farhad had mentioned in Feb's web conference, that financing would be coming in tranches during this year. Some early summer, some late summer etc. We are now early winter (southern Manitoba at least) and the best we have are that the lenders and banks are still looking at the letters they had signed some time ago. Now he wouldn't have made that first statement up? so obviously shortly afterwards, financing talks took a different route.

All we ever get on the financing topic is it's proceeding, they are all looking at it? Some new players and some of the old players.

Want to make a correction in my last posting. Warrents are exercisable for 36 months from issuance date, not till Feb 2015. Sorry.

Thanks

Marc

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