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Focusing on the Dallol Potash Project in Ethiopia

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Message: We need some news

The fact that full financing (non-debt portion) is slated for Q3 2015 might also have something to do with the SOP PEA and SOP spinoff slated for Q1/Q2. Allana has at least three tracks to obtain the necessary equity financing portion in order of best case to worst case (for us retail longs):

- ICL exercises warrant (best case scenario, since we know they are all but guaranteed to exercise these before warrant expiry)

- Royalty stream financing discussed by Farhad and in the presentation

- New equity raise

The situation is probably fluid and changing rapidly, but the planned timelines allow multiple options to materialize (or lead to a dead end) and hopefully Farhad does his best to look after smaller shareholders.

Either way, for the first time in a while I added shares at these levels. If nothing else, this will be a big year (whether positive or negative).

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