Welcome To The Allana Potash HUB On AGORACOM

Focusing on the Dallol Potash Project in Ethiopia

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Message: sold us out

Yep, total sell out - SOP valuation = $0 in this buy out price. So much for it being a "game changer".

LMM is still underwater @ 50 cents (their average cost was 58 cents I think?), so I really didn't see this coming.

My average cost is a few cents below 50, but I'm actually going to realize a small loss here since the gains on my lowest cost shares are taxable while some of the highest cost shares are in registered accounts. The only winner from my investment in Allana? Revenue Canada.

I don't even want to calculate the opportunity cost of being in this for 3 years while indexes are producing signifciant gains.

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