First Tidal Acquisition Corp T.AAA

RE: RE: 1 Billion ton or more

[macc]

I posted earlier before NI release a estimate of 700 to 800 mil tons.So it was closer to 700 mil tons.Excellent.Put it in perspective.As it stand it very possible  to access Measured-Indicated-Inferred of 230 mil tons of KCI.That is only 40% of expected total KCI.Put this number at (230 X 100)/ 40 = 575 mil tons KCI (meaning KCI in ground).Of this a possible 230 mil tons of kainitite(the stuff that holds the more valuable SOP).Of course all 575 of KCI will not be mined out.,Let's say at end of mine life some 170 mil tons of KCI was mined out at 3 mil tons a yr for a 56 yr mine span.But remember that AAA or which ever other entity is mining the ore will probably have acquired other productive land packages.This Danikil depression may hold some 1+ bil tons of  KCI when all is mined out.

Right now,the day and swing traders are out,SH price takes a hit because they know this play is dead again until other good holes and before feasibility comes in.Also giving the NI in a low spot in potash cycle instead of October this didn't help.Share Price should regain 2.10 soon enough and stabilize there for a while.

Plus side for AAA
-quite possible to open pit and access the reminder with solution mining (we will know soon enough,couple of mths)
-low cost of building the mine and plants
-no winter,heat can be used on so many levels,extremely low cost of heating water to pumping hot water in ground for solution,what a low cost drier(put it on the land)
-strong backers for mine costs.
-China produces 3 mt per yer and will need 14 mt per yr in 2014(import 10mt),India will import 6mt per yr in 2014.Ethiopia is so nice and close.Potential for 4-5 mt KCI a yr(That's all Ethiopia not just AAA,it give the incentive to develop Ethiopia that much more priority).

Down side
-Can't open pit,this is not a deal breaker but ups the cost of production somewhat.Still a viable project.I think some open pit will happen
-dumb a** war.But it may just go the other way as prosperity beckons Eritrea and Ethiopia to new economic ties.

It's a waiting game but it will happen