Welcome To The Allana Potash HUB On AGORACOM

Focusing on the Dallol Potash Project in Ethiopia

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Message: sold us out

I did the actual math and I'll make a profit net of taxes, but that's irrelevent.

The only likelyhood I see for another suitor is someone who is primarily interested in SOP. With the offtake agreement and ICL equity position the MOP side of things is a dead acquisition. If someone is primarily interested in SOP, however, they might be interested since the current value in ICLs offer is $0 for SOP. It could happen. But no matter what happens I'm not going to make the kind of return I wanted from this company.

I feel bad for anyone who is walking away from this with a loss, especially if they've been in here for a much longer period of time. Trying to block the sale is pointless. Between ICL, management and LMM they have enough ownership to do whatever they want.

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