First Tidal Acquisition Corp T.AAA

RE:Allana Potash’s Transformative Potash Partnership

[oceaneleven]

Thanks for posting jerebee.....kinda spells out what to be expected for rest of year....came right from the horsie's mouthy eh....no wonder the sp is so darn cheap........

PIN: Do you have an idea of when you’ll accomplish full financial closing? Or is that really just market dependent?

FA: We are targeting the end of the year. We are hoping that we’ll have more clarity on that towards autumn or the fourth quarter of this year. We’ll hopefully finalize debt by that time and then do equity right after that. So late this year, early 2015, we’re hoping to get all of the funding done so that we can actually launch full construction.

Now, having said that, quite a bit of pre-construction work is going to start in the next few months. We’ll have enough capital to start the process. But for us to order all the expensive, long-lead items, components and equipment for the plant, we’ll need to fully fund the project.

Read more at https://www.stockhouse.com/companies/bullboard/t.aaa/allana-potash-corp#clXuBlo6gFHXGCvC.99