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Focusing on the Dallol Potash Project in Ethiopia

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Message: Re: ICL
ICL

Feb 10, 2015 10:03PM

jimjeffries... You may be correct in your thinking here and based on what I've seen in the news ICL needs Allana. Although they have been playing a cool game towards the deposit and putting money into Allana. Are they trying to get Allana for cheap? Well they have an agreement on what is 25% of Allana's deposit.... The SOP if proven feasable is 75% of the deposit and far more profitable as you know.

ICL has been an excellent partner in assisting Allana in the mine optomization and further studies that were required for the debt funding.

FArhad clearly stated they have several parties interested in the SOP to partner with them and even take it through to the DFS stage. If this is the case I would be somewhat worried if I were ICL as this little gem of theirs could slip through their fingers while others wake up to what is going on in the Danakil.

This next news update I believe should help us understand the situation better IMO.


Feb 11, 2015 11:15AM

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Feb 11, 2015 03:50PM

Feb 11, 2015 04:13PM
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