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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 mylar1on Apr 10, 2014 11:34am
232 Views
Post# 22435201

RE:RE:RE:New share price estimates

RE:RE:RE:New share price estimates Jeremy, just as you estimated on shares outstanding and potash prices, I think a reasonable estimate on financing is not out of the question. The financing needed is known and the 65/35 has been thrown about by you guys for years now. So far ICL is risking very little to take AAA potash production. Kinda reminds me of Farhad's patented instrument in a way or at least some version thereof. I think the PE ratio is much too high for a startup company especially in the Ethiopian desert. The potash prices you are using are they the discounted prices that ICL gets it for or are they market prices? I see no need to calculate my own as it would duplicate most of your work.
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