Allana Resources

Welcome To The Allana Resources HUB On AGORACOM Edit this title from the Fast Facts Section
in response to marcoll's message

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.

Please login to post a reply
edx
City
Rank
Treasurer
Activity Points
523
Rating
Your Rating
Date Joined
03/27/2014
Social Links
Private Message
Allana Resources
Symbol
AAA
Exchange
TSX
Shares
324,645,506
Industry
Metals & Minerals
Create a Post