First Tidal Acquisition Corp T.AAA

Interview - comments

[Syngut]

Thanks Franky for sharing those "interview" posts. A few things I found interesting: 10 YEAR RENEWAL! According to the agreement, the license area covers 310 sq. km and the company has an exclusive right for large-scale mining potash within the license area for the coming 20 years and it will be renewed for ten years. FOCUS CHANGING TO AFRICA from ASIA: Asked if the potash will be only for the international market, Nejib said Allana will build a fertilser factory that will process the potash. “At the beginning we were thinking of the Asian market. But after working with the Agricultural Transformation Agency, we learnt that there is a huge demand for potash fertilizer. So now we know that we can supply the potash fertilser for Ethiopian and other African countries,” Nejib said. Sinkenesh said that Ethiopia has been importing and using urea and dap. However, she said recently it was recently learnt that the land requires potash fertilizer. The Minister hopes that Allana will fulfill the local potash demand. INVESTORS RELUCTANT, but DFI's solid. Lucky for ALLANA, but major problem for new potash start-ups. Nejib said investors are now reluctant to invest in a potash mine due to the price decline. However, he said Allana will keep its words and invest in the Dalol potash mine. “We believe that this is a temporary problem and we will bring the FDI we pledged to invest and execute the work we planned,” Nejib said. I