Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by mylar1on Dec 06, 2014 12:28pm
147 Views
Post# 23202672

A licksmoney blast from da past!!

A licksmoney blast from da past!!Hey licks, how did worshipping at da altar of karmie work for ya?? Pass da koolaid!! User avatar likesmoney 2 stars User Actions May 29, 2011 - 07:37 PM 551 Reads Post# 18642031 Rate this post 0 stars v Karm's great info summary Courtesy of Karm, our resident number cruncher of pounds in the ground for AAA. These are current numbers and there are still more drill holes to be released and more of the property to be explored $6.15 per share for Pounds In the Ground + $6.00 per share for lower capex to Potash One + $1.35 per share for a 22% higher extraction rate for Open Pit Mining 50% of our potash = $13.50 per AAA share for a Hostile Take Out Offer based on comparables with the Potash One latest deal with K + S Germany....makes you think... from your estimate of (potash weighs 1.28 tonne per sqare meter (internet source)...your net potash is 1,003,000,000 billion tonnes)...very close to my estimate of 1.100,000,000 billion tonnes !! have a go and use total drill meters of 198 meters deep of potash ore (assuming holes #1 - #19) instead of your estimate of (total drill meters at 113.66 and the total amount of KCI of 26.03 meters) and then x your average 23% overall KCL 198 meters x 4 million sq. meters of Measured + Indicated = 792 million sq. meters x 1281 kg per tonne = 1,10 Billion Tonnes Ore x 23% overall KCL = 233,350,000 million tonnes of sellable KCL / 3 million tonnes mined per year = Allana having a 77 year mine life then use the $3.25 per MOP tonne paid by K + S Germany for Potash Ground Proven and Probable (Measured and Indicated) + add a 40% premium for our 50% potash as SOP. $3.25 + .65 cents = $3.95 per measured and indicated tonne for AAA $3.95 x 233,350,000 million tonnes = $922,000,000 / 150 million AAA shares = $6.15 per share for "Pounds In The Ground" Then you have to apply a premium value for Allana having lower proposed Capex of mine and processing plant...$800 million dollars for Allana Mine versus $2 billion dollars for Potash One Mine = $1.2 Billion Dollars less cost for Allana / 200 million shares outstanding = $6.00 of increased value per share AAA for Lower Mine Capex compared to Potash One Then John, add a premium value for AAA having the potential for half of the measured and indicated being mined as Open Pit Mining with a 80% extraction rate of sellable KCLversus Potash One having a Solution Mine with a 35% extraction rate of sellable KCL. That means AAA will have an overall 22% higher margin of extraction of all of our measured and indicated sellable KCL = $6.15 x 22% = $1.35 of increased value per AAA share Read more at https://www.stockhouse.com/companies/bullboard/t.aaa/allana-potash-corp#Lb4ZldbrLW5DeQlL.99
<< Previous
Bullboard Posts
Next >>
USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse