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Focusing on the Dallol Potash Project in Ethiopia

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marcoll

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AGM

posted on Jan 15, 2015 05:33PM

Thanks Justin_a_lyesse for the offer of presenting our questions at the AGM.

My question will probably be asked by a number of shareholders.

Have we moved from the lenders letters to actual approval for financing?

If this is answered as "it's progressing nicely", then I believe financing isn't a reality till Q4 at best. Won't be the first time, look at the presentation from November 2012 (financing 1H of 2013) page 25.

SOP PEA should not interfere with financing as these are two seperate identities. It shouldn't be used as a distraction or a stall. If that's the feeling you get let us know.