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.

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First Tidal Acquisition Corp > Water Rights and FEED

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Comment by Fertimanon Jan 22, 2015 1:00pm

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Post# 23351972

RE:RE:Water Rights and FEED

Nice comment Discern1...Valid points...

discern1 wrote: My take on why the FEED has stopped, or the potential strategic initiatives that have impacted its hiatus is the involvement of contract companies that are prepared to build and finances construction.
A large multi-national Chinese construction company would bring their own engineering and technical support as part of their work.

Usually, the FEED would be completed and then go out to bid or tender, but a closer working relationship which includes the taking on of debt would change this scenario.

This seems to be consistent with the project financing guidance which suggests that construction will begin before financing is complete.