First Tidal Acquisition Corp T.AAA

RE:RE:Does this sound familiar?

[Ethanbrodie123]

actually to correct you, the PEA that was done had higher capex and opex.. when the BFS came out, it was somewhere like 150 million cheaper than expected and a slight cut from the opex I believe. So no. What people did not realize was the momentum of the shareprice, thought there was a buyout coming, did not realize when there were 50% grades that in broad terms did not bump up the average grades when the estimates came out at about 20% average. Then, the market realizes that they still need to raise funds and typically the stock price falls anyway as you can see in the typical mine life example chart. it was exaserbated by the capital markets being in one of the worst environments in history. just look at the venture exchange the past few years..