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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 Jan 12, 2015 11:20am
83 Views
Post# 23309326

RE:RE:RE:RE:Oil going down bullish for potash = more use by farmers

RE:RE:RE:RE:Oil going down bullish for potash = more use by farmersOcean... You need to think back at teh time when Potash was still $400+ and looking very good.  Also the extraction was a proven process for MOP.

The market has changed and while other MOP deposits are not looking very healthy in this market and will have a very hard time raising funds for a 3-4 billion dollar potash mine Allana still looks good at <1 billion CAPEX and a $125 OPEX (including sustaining).  

If the MOP does make production which I am very confident it will (my opinion) the MOP will prove to be a nice return on Investment.

SOP has become important as the demand is increasing and the price is $500-$700 range.  Last year supplies were very tight and the forcast is to continue.

Also I expect YARA's work on extracting the SOP has helped to understand that the process just very well be viable and thus extremely profitable if succesfully solution mined as is.  My opinion...
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