Welcome To The Allana Potash HUB On AGORACOM

Focusing on the Dallol Potash Project in Ethiopia

Free
Message: More notes on the meeting from the IHUB board.

I agree with your take. I got in at what I would consider a fairly low price as I tend to be a bit of a contrarian investor. But in our present market that could still turn out to be a high price. As financing tightens it will be harder for these small caps to survive and ICL knows that so I could see you $1.50 bid or in that range for a quick take over but in ICL stock so they do not have to do too much for financing. I believe that the Canadian government will stay out of the way as Allana is small cap and the mine is in Africa not Canada. We might be supprised by how bad ICL might want Allana as they might be able to follow Burgerking/ Tims in tax avoidance by moving head office to Canada to take advantage of our corporate tax rates. Just speculation but great tax advantage to ICL. May need a name change in there but once Canadian they could look at a takeover or merger with POT giving them a great size advantage. A dream at this point but you can research it there is many advantages to ICL.

Share
New Message
Please login to post a reply