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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

Post by Fertimanon Jan 20, 2015 1:34pm
198 Views
Post# 23340005

FEED work Suspended due to "Various Strategic Initiatives"

FEED work Suspended due to "Various Strategic Initiatives"From New January Investor update.

https://allanapotash.com/_resources/presentation.pdf


OTHER PROGRAMS
 
 The Ministry of Water, Irrigation and Energy granted Allana an exclusive
right to extract approximately 30,000,000 cubic metres of water per year
which greatly exceeds the requirements for MOP production of 1 Million
Tonnes per Year which is estimated at 18,500,000 cubic metres
 
 AMEC Americas engaged to conduct FEED work on project
 
 AMEC conducted trade-off and optimization studies as well as initial
process design studies and costing.
 
Due to various strategic initiatives that could impact the FEED work, Allana
has decided to suspend the program at this time
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