First Tidal Acquisition Corp T.AAA

Fading prospect of Chinese play for Potash

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Extracted (selectively for your reading) from today's G&M:

Potash Corp. boss Bill Doyle, the Saskatchewan government and the few Canadian non-flatlanders who care about the deeply unglamorous, though critically important, world of fertilizer, take note. The Chinese are almost certainly not coming to the rescue, so get used to the idea of BHP Billiton dictating Canada’s fertilizer agenda until the last shovelful of this precious resource is sprinkled on a crop nowhere near you.

In Potash Corp.’s case, diverse agendas would threaten the consortium from the onset. China’s interest in potash is security of supply and low prices. The private equity investors would care not an iota about China’s supply concerns. Their goal would be to maximize the potash price, all the better to make a quick, fat return and get out.

Once again, focus on AAA will definitely come from the Chinese.

Agree?

Skipper