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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

I agree 100%.

There is too much potential in Allana not to cause envy and desire from other potash companies -looking out 10-15 years when Potash prices rise, population expansion and increasing food requirements reach a climax.

Add the fact that Yara and others, BHP, may have lots of Mop and Sop but they may not have the water resources that Allana has and you get the feeling that owning the Allana site maybe key to the processing of MOP and SOP in the area.

I believe FA must have made the earlier acquisitions based on the knowledge of the need, not only for lots of Potash, but the need for lots of water for processing and evap. ponds.

IMO,The entire potash industry has got to have had their eyes on this area- close to asian markets- re: shipping costs---and they have had a long time to think about - how they could either own or have a stake in Allana. I am looking for a firefight.

Exc

Tuesday's meeting results should stoke those fires a good deal.

GLTA

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