Welcome To The Allana Potash HUB On AGORACOM

Focusing on the Dallol Potash Project in Ethiopia

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Message: Re: From Monday's update..jb & others
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Jun 25, 2014 05:38PM
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Jun 25, 2014 11:10PM
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Jun 26, 2014 07:22AM
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Jun 26, 2014 03:20PM
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Jun 29, 2014 03:04PM

Just my Opinion but I believe there is tremendous pressure on AAA and ICL to get this project to production. Which means- financing should be coming soon. The money they need is relatively small 270 million when you think of the CEO of ICL spending AN ADDITIONAL 600 million to build a fertilizer processing plant plus other initiatives. These people are businessmen and they do not waste preious time. Investors are waiting for returns on this project. The production date is early 2016. They must break ground soon and get this thing rolling. the potash is there, the ROI is there and this little bit of final investment shouldn't slow the project down.

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