Toronto, Ontario–(Newsfile Corp. – March 7, 2014) – “For the first time in this junior sector we brought in a real potash producer to become our strategic partner,” says Allana Potash Corp. (TSX: AAA) President and CEO Farhad Abasov, in an interview with Smallcappower.com. Mr. Abasov discusses a production timeline for his company’s Danakhil potash project in Ethiopia, describes what sets the project apart from others in the sector, and provides his thoughts on the Russian-Belarus cartel as well as his outlook for the price of potash.
See the interview at Smallcappower.com: http://www.smallcappower.com/videos/ceo-interview-farhad-abasov-7-3-2014.
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Allana Potash Corp. (TSX: AAA) is a publicly traded corporation with a focus on the acquisition and development of potash assets internationally with its major focus on a previously explored potash property in Ethiopia. Allana has secured financial support from three significant strategic investors: ICL, one of the world’s largest potash producers, IFC, a member of World Bank Group, and LMM, a member of Liberty Mutual Group. Allana has estimated measured and indicated Sylvinite mineral resources of 327.4 million tonnes of 28.3% KCl; and an estimated inferred Sylvinite mineral resource of 90.8 million tonnes grading 27.8% KCl, In addition, the Project hosts estimated measured and indicated Kainitite mineral resources of 1,150.5 million tonnes at 19.4% KCl, an estimated inferred Kainitite mineral resource of 481.8 million tonnes of 19.8%KCl; estimated measured and indicated Upper Carnallitite mineral resources of 411.3 million tonnes grading 17.3% KCl, estimated inferred Upper Carnallitite mineral resources of 175.5 million tonnes of 16.5% KCl; estimated measured and indicated Lower Carnallitite mineral resources of 557.2 million tonnes of 9.2% KCl, and estimated inferred Lower Carnallitite mineral resources of 369.3 million tonnes grading 7.7% KCl. The foregoing mineral resource estimates are as at April 17, 2013.
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Disclosure
Ubika Research has received compensation from Allana Potash to provide analyst research coverage.
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