Allana Potash Corp. Kalimineralisierung

Allana Potash Intersects High-Grade Potash at 38% KCl Over 3.5 Metres and Provides Project Update

http://www.finanznachrichten.de/...nd-provides-project-update-256.htm

http://www.finanznachrichten.de/...s-shareholders-rights-plan-256.htm

Die Ziele des Plans sind, um sicherzustellen, soweit möglich, dass alle Aktionäre der Gesellschaft gleich und fair sind im Zusammenhang mit einem Übernahmeangebot für die Gesellschaft behandelt

http://translate.google.de/translate?u=http://...amp;hl=&ie=UTF-8

Allana adopts poison pill, shares rise

http://www.miningweekly.com/article/...on-pill-shares-rise-2011-09-27

Allana Potash (TSE:AAA) reported on Tuesday that it has adopted a shareholder rights plan, boosting shares over 15%. In a statement, the company said: "The board did not adopt the plan to prevent a take-over of the company, to secure the continuance of management or the directors in their respective offices or to deter fair offers for the common shares."

http://www.proactiveinvestors.com/companies/news/...d-more-18941.html

mit Bargeld

http://www.proactiveinvestors.com.au/companies/...research-20164.html

Allana Potash appoints BNP Paribas as advisor for Ethiopian potash project debt financing

http://www.proactiveinvestors.com.au/companies/...inancing-20381.html

as Project Financing Advisor

http://www.marketwatch.com/story/...r-2011-10-03?reflink=MW_news_stmp

Allana Potash Corp (AAA: TSX; ALLRF: OTCQX) ist sehr interessant. The company has operations in Ethiopia, which gives you a unique access point to Africa, the Middle East and Southeast Asia—some of the world's fastest growing economic blocks. Das Unternehmen unterhält Niederlassungen in Äthiopien, die Ihnen einen einzigartigen Zugang Punkt Afrikas, dem Nahen Osten und Südostasien-einige der weltweit am schnellsten wachsenden Wirtschafts-Blöcke. You'd be surprised to know that the infrastructure in Ethiopia is world-class, with modern port, railway and road infrastructure. Sie werden überrascht sein, zu wissen, dass die Infrastruktur in Äthiopien Weltklasse ist, mit modernen Hafen-, Bahn-und Straßeninfrastruktur werden. In addition, the mining laws are very friendly. Darüber hinaus sind die Bergbau-Gesetze sehr freundlich. Finally, the operating costs are low since the potash deposits in Ethiopia are near the surface, only about 100 meters (m) from the surface. Schließlich sind die Betriebskosten gering, da die Kali-Lagerstätten in Äthiopien in der Nähe der Oberfläche sind, nur ca. 100 Meter (m) von der Oberfläche.

http://www.investorideas.com/news/2011/energy/10062.asp

http://www.baystreet.ca/users/newswire/viewarticle.aspx?id=394597

http://www.resourceinvestor.com/News/2011/10/...-Future-Supplies.aspx

Toronto Money Show: Dennis Gartman, Petrobras, Allana Potash, And Tahoe Resources

http://seekingalpha.com/article/...sh-and-tahoe-resources?source=feed

160 km2 land package located in Ethiopia which surprisingly has a great infrastructure and close proximity to developing growth regions in Africa, India, Asia, and the Middle East. The resource itself is of ample size and only 100m from the surface which will make this a low cost operation. Allana has Measured and Indicated Sylvinite Resources of 97.8 Million Tonnes grading 30.04 % KCl, Measured and Indicated Kainitite Resources of 284.2 Million Tonnes grading 19.8% KCl, Measured and Indicated Upper Carnallitite Resources of 78.3 Million Tonnes grading 18.4% KCl, and Measured and Indicated Lower Carnallitite Resources of 212.6 Million Tonnes grading 12.0 % KCl. In addition to these resources, the project contains additional Inferred Mineral Resources of 596 Million tonnes grading 20 % KCl from all four potash horizons. Allana has a very strong management team, strong strategic investors, but not that great of a share structure (196m OS). Projected CapEx is expected to be low in comparison to many but estimate is unknown. Expected Production: 2014+.

http://www.allanapotash.com/i/pdf/CorporatePresentation.pdf

Allana Potash Drilling Intersects Significant Potash of 40% KCL Over 2.6 Metres in Hole 28 / - Hole 28 Intersects Two Prominent Zones of Potash Mineralization - Hole 28 Intersects 40% KCL Over 2.6 Metres of Sylvinite - Hole 28 Intersects 22% KCL Over

http://www.finanznachrichten.de/...nent-zones-of-potash-miner-256.htm

Ethiopia

http://www.proactiveinvestors.com/companies/news/...hiopia-19823.html

Ethiopia Earns $500 Million from Mineral Exports

Allana Potash Corp announced that it has intersected three zones of strong potash mineralization in hole DK-11-28, found in the northwestern region of the company’s potash concession in Ethiopia.

http://www.2merkato.com/20111027500/...0-million-from-mineral-exports

Having said that, we have more in-depth research on a few of them: Allana Potash Corp. (AAA:TSX; ALLRF:OTCQX), Rodinia Lithium Inc. (RM:TSX.V; RDNAF:OTCQX), Glen Eagle Resources Inc. (GER:TSX.V) and Champion Minerals Inc. (CHM:TSX).

http://www.businessinsider.com/...ting-emerging-market-demand-2011-10

exploration field. It has a strong prospect for a potash mine in Ethiopia.

zu # 192!!!


 

Weltbevölkerung verzehnfacht

http://nachrichten.t-online.de/...mer-7-000-000-000/id_50876386/index

Ubika Research Managing Director discusses the Ubika Mining 30, an Index of high potential mining companies

http://www.baystreet.ca/users/newswire/viewarticle.aspx?id=394826

As for Bada, with continued strong interest in the potash sector, some investors are sure to be keen to see what comes from what is considered highly prospective ground in the Danakil basin. Better known projects in the Danakil basin are being advanced just across the border in Ethiopia by such names as Allana Potash. Comparatively, however, Eritrea's Danakil is less well explored.

These drilling results from Bada will presumably come soon as NGEx indicated in August it wanted to have them out by the end of October.

http://www.mineweb.com/mineweb/view/mineweb/en/...tail&pid=102055

project

TORONTO (miningweekly.com) – Allana, the company that owns a potash project in Ethiopia, on Tuesday said an independent early assessment gave the asset an after-tax net present value of $1.85-billion, and a 36.8% internal rate of return.

The preliminary economic assessment (PEA) predicted it would cost $796-million to build a one-million ton a year mine at the Danakhil project, in line with CEO Farhad Abasov’s earlier projections.

He said in a statement on Tuesday that the capital cost figure, which included port and other infrastructure, “makes this project one of the lowest cost and potentially highest return potash projects worldwide”.

The PEA concluded that a solution mining operation would be more profitable than conventional potash mining.

It forecast operating costs of $90.54/t for the Danakhil project, including transportation to the port of port Djibouti.

“The PEA also allows Allana to move forward confidently with its project finance plans and ongoing talks with potential strategic partners,” Abasov said.

He told Mining Weekly Online earlier this year that Allana hoped to being the project into production in 2014.

Other companies with projects in the area include BHP Billiton, Ethiopian Potash, and Australian junior South Boulder.

http://www.miningweekly.com/article/...pian-potash-project-2011-11-23

Allana Potash Corp. says Danakhil potash project in Ethiopia to cost US$796M

.By The Canadian Press
TORONTO - Junior miner Allana Potash (TSX:AAA.TO - News) said Tuesday that its Danakhil potash project in Ethiopia will cost US$796 million to build, including all of the mine equipment, trucks, port and infrastructure.

The estimate includes $664 million for the mine, $38 million for a fleet of trucks to transport the potash and $93 million to build a port terminal in Djibouti.

The Toronto company said Tuesday its preliminary economic assessment was based on commercial operations that produce one million tonnes per year of potash over an initial estimated operating life of 30 years.

Total operating costs including production, transportation and port handling were estimated to be about $90 per tonne.

"The PEA's extremely positive results give Allana great confidence in advancing its feasibility study, which has been underway since August," Allana president and chief executive Farhad Abasov said in a statement.

"The PEA also allows Allana to move forward confidently with its project finance plans and ongoing talks with potential strategic partners."

Demand for potash, a key component in fertilizer, has risen as farmers around the world seek to improve crop yields.

Shares in Allana Potash were halted shortly before the market closed Tuesday pending news from the company.

The miner, which is developing potash projects in Ethiopia and Argentina, were up five cents at $1.17 in trading on the Toronto Stock Exchange before the halt.

http://ca.finance.yahoo.com/news/...corp-says-danakhil-221407975.html

TORONTO (miningweekly.com) – Allana Potash, which announced on Tuesday that its Danakhil project in Ethiopia would cost around $800-million to build, told investors it aimed to raise nearly $500-million of this from development agencies.

CEO Farhad Abasov said the company benefitted from the project being in one of the least developed countries in the world, providing the impetus for non-commercial entities such as development agencies to provide funding for its construction.

He said “almost all” of the debt funding would come from non-traditional sources, naming the International Finance Corp (IFC), the African Development Bank, export-import banks out of the US, Canada and Europe.

The remaining $300-million would come from equity, with Abasov detailing on a conference call to discuss the results of Danakhil’s preliminary economic assessment (PEA) that this would be split into three equal parts.

The first would be to sell more stock to its two existing strategic shareholders – the IFC and Liberty Metals and Mining. Liberty owns around 17% of the company.

TSX-listed Allana is hoping to secure another one-third of the equity component from an offtake agreement with a customer, and the final around $100-million would come from a market offering or bringing on a new set of strategic partners, Abasov said.

While the current market rout might make things difficult for the company on the equity raising side, its plans to source debt from non-commercial sources made it easier, as these entities were “insulated” from the troubles banks were facing.

Abasov said Allana had between 12 and 18 months to raise the equity, and he was hoping the company’s share price would stabilise during this timeframe to provide the opportunity to sell shares without too much dilution.

The Toronto-based firm dropped 3.4% on Wednesday in a broader market sell-off to close at C$1.13 a share. The stock has gained 121% over the past 12 months as potash prices rose and the company advanced Danakhil.

Allana hopes to start producing at the project in 2014, with the PEA outlining an initial one-million ton a year solution mining operation.

The $800-million price tag includes building port facilities to Djibouti, and roads to truck the product there.


http://www.miningweekly.com/article/...pian-potash-project-2011-11-23

Ethiopia

http://www.proactiveinvestors.com.au/companies/...ethiopia-23135.html