The Energy Report
Notable Quotes
"With the LOI signed, we urge investors to bolster positions in FCU." (12/22/15) Fission Uranium Corp. - David Sadowski, Raymond James More >
"FCU is taking the right steps regardless of whether PLS is ultimately acquired or developed into a mine." (12/22/15) Fission Uranium Corp. - Heiko Ihle, Rodman & Renshaw More >
"I am quite excited about POE in 2016." (12/16/15) Pan Orient Energy Corp. - Chen Lin, What Is Chen Buying? What Is Chen Selling? More >
"BKX's Oklahoma asset has significant value." (12/16/15) BNK Petroleum Inc. - Michael Charlton, iA Securities More >
"EFR is one of the few companies in a position to write long-term sales contracts and deliver into them at several times its current production rate." (12/17/15) Energy Fuels Inc. - The Gold Report Interview with Eric Coffin More >
AAA's Dallol Project
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MARC ROBINSON, Cormark Securities Inc.
(08/06/2010)
"Allana's Dallol project is uniquely situated to serve the key export markets of India and China. Given its potential for low-cost production and its geographic positioning, it is a highly strategic asset. As an indication of this, a Chinese investment fund has made a strategic investment in Allana and has signed an MOU to provide 35% of the capital requirements in exchange for favorable pricing on 20% of the projects output and an option to negotiate for further supply. This agreement significantly reduces financing risk—we estimate that Allana would only need to raise $140 MM of equity, significantly lower than the vast majority of greenfield projects. Given Allana's financing structure, geographic position, strategic benefits and low-cost potential, we believe the Dallol project is one of a very small handful of greenfield MOP projects that will ultimately be developed. Allana is currently involved in a drilling program to define and extend the resource; preliminary results have been positive." |
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Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.
More Experts
"FCU's deal with CGN helps to financially and technically derisk PLS." (12/21/15) Fission Uranium Corp. - David Talbot, More >
"NXE is our top pick across all commodities." (12/22/15) NexGen Energy Ltd. - The Energy Report Interview with Rob Chang More >
"FCU will continue to explore and add pounds to what is already a world-class project." (12/22/15) Fission Uranium Corp. - The Energy Report Interview with Rob Chang More >
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"FCU intends to sell $82M or 19.9% of the company to CGN Mining." (12/22/15) Fission Uranium Corp. - Jeb Handwerger, Gold Stock Trades More >