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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 22, 2015 12:35pm
158 Views
Post# 23351803

Water Rights and FEED

Water Rights and FEEDWater rights have been given to Allana.  This is a major event IMO as this means we will not lose this to others.

Also highlited below is the comments on FEED.  Strategic Initiatives??  Mine both MOP and SOP??  Interesting to see this.



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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