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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 Fertimanon Dec 30, 2013 12:30am
190 Views
Post# 22044181

RE:RE:RE:RE:another article staying the cartel will resume

RE:RE:RE:RE:another article staying the cartel will resumeBeeker...I believe you are right that most people here with half a brain will want the cartel back together... This will bring some confidence back to the potash market and will control supply... I agree that while Allana has hit their milestones and have derisked the project significantly, the big step forward for any potash junior is financing.... While a few here want to make it look like Allana has dropped significantly over the past couple of years due to the project or location, the truth is all potash juniors and most resource juniors are in the chitter..... What did come forward over the potash crisis with the cartel breakup is that 95% of juniors just won't cut it... Only projects such as Allana with a $98/mt opex and reasonable capex $650 million. Where Allana could have improved investor confidence would be to have ( as JR pointed out) a basic list of objectives for the project. Getting permits, mining licenses, finickin financing all depends on 3rd party groups that often work to their own deadline. With this said we do know events have occurred over the past few months that may have changed the direction of financing plans etc. The London AIM delay may be the result if such an occurrence. In all my experience with business development, and project as complex such as this, one would expect deadlines would be delayed. I still am very confident that Allana can achieve their financing and offtake partnerships by their set deadline. That's my opinion, please do your own DD...
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