Hi Ocean.... great day shoppin!  Dropped 5K.... so maybe not so great....

 

I would think they are drilling water on the Noval land to confirm Aquifer locations for future solution mining...  If you bought a new car wouldn't you want to test drive it and look under the hood??  Sure you may have 3 or 4 cars already.... more than enough to get you around, but you'll want top make sure your new car rocks!

 

Yes teh bashers have taken over..... Only a couple of us longs are posting to try and show the world that Allana has some investors that think this company is going to go to production or sell out to the highest bid.... This is why I'm in Allana as they have the goods IMO.....  In Agriculture stocks you need to look at the following:

 

  1. Low CAPEX - Check - $800 Million .... far less that the 3-4 billion most mines cost.
  2. Low OPEX - - Check - $70 USD/MT to the port!
  3. Government Support - Check... Building infastructure!!
  4. Close to market - Check - Large Asia market with China and India as well as SE INdonesia / Malaysia and the palm oil industry that eats up potash like no tomorrow!!
  5. Backing by several key investors... - CHeck - World Bank...... Lovely Linda and company...

 

I could go on and on... but as you know any company that comes to the market that has a competative advantage has a good change of going to production or being taken out IMO....

 

DO your DD!!  This one Rocks!!!! Potash that is!!

 

Ferti.... aka Ocean..... NOT :)  Just playing with ya Wheat Puff....