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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's principal business is the identification and evaluation of a qualifying transaction and once identified or evaluated, to negotiate an acquisition or participation in a business subject to receipt of shareholder approval, if required, and acceptance by regulatory authorities. The Company has not generated revenues from operations.


TSXV:AAA.P - Post by User

First Tidal Acquisition Corp
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(11)
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Post by aokayon Nov 05, 2009 3:53pm
395 Views
Post# 16457862

Construction Costs

Construction CostsI know everyone seems to think the construction costs are $800 million, but I think we are reading the news release incorrectly, including myself.  From the news release:

"it is proposed that China Mineral will commit to finance 35% of theProject's required construction costs,which, based on current estimatesare expected to be approximately US$280,000,000 (the "ConstructionCosts")"

If you read this correctly,  "Construction costs" is in brackets after $280,000,000.  Also the construction costs "are"  based on current estimates...

Can anyone confirm with the company?  I think this is important.

aokay
Bullboard Posts
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