First Tidal Acquisition Corp T.AAA

RE: RE: RE: RE: STB where is their propert

[Karmanow]

Adam, you may be correct about Eritrea and I agree with your summary of the country. Where I think we should discuss further is in regards to your statement that...."One half of the congo has as much as 30 billion estimated and given the similar geological structure with Brazil the potential exists there for at least as much. Current capacity and planned expansions are at least 100 mtpy. Current demand is roughly 60 to 65 mtpy...." We all know why there has not been a new greenfield mine in Sask for 40 years and counting. I am not sure where Magindustries MAA is located in reference to the Congo but it appears that no one is interested in buying into that project? Your key word "planned expansions" may be over estimated to be worth 40 million additional tonnes of KCL per year. Anything I have read indicates a very tight supply and demand for several years to come. Getting a mine from Planned to Producing involves several things lining up in order to move forward to production. We also know that it can take up to 5-7 years for an existing mine to ramp up an expansion to full production....that is 3 years after Allana will be into production...Maybe you have a source that predicts supply at 100 mtpy? There are billions of tonnes of KCL under the ground, but the numbers have to work to move these projects forward. That is why Farhad told Grammy the other day..."We indeed are working hard at this project and hope this will become one of the few potash projects to hit production". Regards, Farhad