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Allana Potash Announces filing of NI 43-101 Report on Sedar
January 16, 2012 @ 4:08 pm In Potash Company News
[1]Allana Potash Corp.(TSX:AAA [2]) announced the filing of the N1 43-101 Technical Report for its Danakhil Potash Project. The Company announced the report's results in November 2011.
Highlights include:
- After-tax Net Present Value at 12% of US $1.85 billion;
- After-tax Internal Rate of Return of 36.8%;
- Total development capital expenditures including mining, processing facilities, port and logistics infrastructure ("CAPEX") of US $796 million;
- Total operating expenditures ("OPEX") on a per tonne basis (including production, transportation/handling, port, loading costs) FOB on the Vessel of US $90.54
- PEA is based on Annual Production of one million tonnes of MOP per year using solution mining;
- Potential to expand production to two million tonnes per year of MOP;
- SOP production potential to be examined during the ongoing feasibility study.
Click here to read the Allana Potash Corp. (TSX:AAA) press release [3]
[3]
Click here to see the Allana Potash Corp. (TSX:AAA) profile. [1]
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[1] Image: http://potashinvestingnews.com/496-developing-world-class-potash-project-in-ethiopia.html
[2] AAA: http://www.google.ca/finance?q=CVE%3AAAA
[3] Click here to read the Allana Potash Corp. (TSX:AAA) press release: http://www.marketwire.com/press-release/allana-potash-files-preliminary-economic-assessment-technical-report-its-danakhil-potash-tsx-aaa-1607153.htm
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