TORONTO,Canada: Ubika Research has issued a research update on the recently released feasibility study for the Danakhil Potash Project by Allana Potash Corp (TSX: AAA). The report is titled “Danakhil Potash Project: One of the lowest cost and highest return Greenfield potash projects worldwide”.
Based on the feasibility study, Ubika Research has provided a new Ubika Model Price (UMP) of $3.05 per share, which is an increase from its previous Ubika Model Price of $2.65. Ubika Research believes that the completion of the feasibility study is a major step forward for Allana in de-risking and advancing the project.
To download the update report, please visit: http://www.smallcappower.com/companies/files/allana-potash-corp-research-bulletin-04-03-13
To view research reports, analyst commentaries and the CEO video interview please visit the Allana Potash investor hub: http://www.smallcappower.com/companies/products/allana-potash-corp
About Allana Potash Corp.
Allana Potash Corp. (TSX: AAA), (OTCQX: ALLRF) is a junior mining company with a focus on the acquisition and development of potash assets internationally. The Company is currently developing its previously explored, flagship property, in Ethiopia, the Dallol Potash Project, in Ethiopia. Allana has secured financial support from two significant strategic investors: IFC, a member of World Bank Group, and Liberty Metals and Mining, a member of Liberty Mutual Group. Allana has secured financial support from two significant strategic investors: IFC, a member of World Bank Group, and Liberty Metals and Mining, a member of Liberty Mutual Group.
About Ubika Research
Ubika is an investment research and capital market services firm based in Toronto and Vancouver with a proven track record of identifying and launching coverage of high potential small cap stocks at an early stage, thus offering timely market insights. Its specialty is small-cap companies with a market capitalization of <$5 billion.
Ubika Research has received compensation from Allana Potash Corp. to provide analyst research coverage
Except for the historical information presented herein, matters discussed in this document contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements.
Ubika Research and www.smallcappower.com (are both divisions of Ubika Corporation), and are not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this report. For making specific investment decisions, readers should seek their own advice. For full disclosure please visit: http://www.smallcappower.com/pages/small-cap-power-disclosure
For additional information contact:
Vikas Ranjan, Managing Director
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