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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

Post by stocktaon Feb 15, 2011 8:55am
554 Views
Post# 18134467

I am guessing 3 mtpy is target...

I am guessing 3 mtpy is target...because once you jump to 4+mtpy you get into another level of processing plant size that may not be feasible at this point in Allana 's life.  I can see them getting into a 3+mtpy mine within the 1st two years so we are looking at some serious cash flow in production.  3mtpy is about 3x Intrepids production and not taking into account the fact that we have lower costs, we could be looking at triple the market cap of Intrepid or 9B .  That would make our stock price $30 (assuming 300M FD shares).  Of course we have lower costs so we should be higher than that.
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