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

First Tidal Acquisition Corp > future potential share price?

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Comment by bashertrasher1on Jan 07, 2015 9:22pm

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Post# 23296614

RE:future potential share price?

That's hard to calculate at this time as we don't have financing yet and don't know how much of the CAPEX will be via debt and how much monies will need to be raised on the market via equity. Farhad has said that we are looking at around 550 to 600 million in financing from various sources, leaving only about 50 million-ish equity required. And the real jewel here is the SOP. We need a positive PEA (which I think we will get) and that would be a game changer.