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First Tidal Acquisition Corp T.AAA


Primary Symbol: V.AAA.P

First Tidal Acquisition Corp. is a Canada-based capital pool company. The Company is formed for the purpose of identification and evaluation of assets or businesses with a view to completing a qualifying transaction. The Company has not commenced any operations nor generated any revenue.


TSXV:AAA.P - Post by User

Comment by JR__Ewingon Nov 19, 2013 5:53pm
199 Views
Post# 21920899

RE:Remember this JR?

RE:Remember this JR?Like in the case of uranium junior, when the lender recover the debt payment, the price become the market price (see last line of your underlined section below). This is very different from what you have been arguing for the last year.


Pursuant to the proposed Off-take/Financing Agreement, China Mineral would acquire 20% of the Project's total potash production at a price discounted to the market price and equal to Allana's full operating and shipping costs plus a profit margin for Allana. This potash pricing structure will continue until China Mineral completely recovers its initial investment of the Construction Costs described below. Once China Mineral recovers its initial investment, it is proposed that the pricing will then be negotiated in good faith, based on international potash market price benchmarks.
Read more at https://www.stockhouse.com/companies/bullboard/t.aaa/allana-potash-corp?postid=21920739#R6dxghG20XzAUQei.99
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