Lowest Cost/ Fast-Tracked Global Potash Project

RICHARD KELERTAS, Dundee Capital Markets (11/11/2009)
"Allana Resources is a potash exploration and development firm with assets in Ethiopia. Located in a basin with similar geology to that of Saskatchewan and Russia’s potash deposits, the company is moving towards a full feasibility study on a one million tonne per year capacity solution mine. Allana’s three main advantages over other potash juniors are:
1)Speed to Completion – Allana will be building a solution mine which should be operational by early 2013.
2) Low Operating and Capital Costs – which are expected to be amongst the lowest in the industry.
3) Strategic Partner – which is financing 35% of the mine construction costs for a 20% offtake agreement that has very favourable terms."

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