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Focusing on the Dallol Potash Project in Ethiopia

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Message: ICL`s Potash for growth program in Ethiopia

It's hard to figure out what he meant now but if he meant Capex below 1bln, then we are well in the ball park at 642 m. If he meant opex under 100, then he is being unrealistic because he also said that the African mine would be much better than Israel at processing the Potash,i.e., lower opex. Stated Allana opex at 125. 00 is lower than the Dead sea mine by 24.00 and as we know Allana will have one of the lowest Opex's in the world.

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