First Tidal Acquisition Corp T.AAA

RE: MOP / SOP Info

[Karmanow]

Thank you very much aaa-flw++ on page 84 of our NI Resource Estimate (which you attached the link) lays out the MOP and SOP mining processing concepts according to Ercosplan.
IMHO, it was the Kainitite and the SOP that got me interested 2.5 years ago...My69 was correct in always believing what will separate Allana from others is the SOP in the Kainitite layer...and now we all know that the Kainitite layer lays from east to west and from north to south on our lands....it is the Primary Potash Horizon in our basin. Horizons containing high amounts of SOP are rare and very valuable long term to be sure.
Only 5 million tons is produced globally each year, and even in a market downturn the demand for such a tightly produced fertilizer will continue to be high as Asia grows...and as Ethiopia turns 4 million leased hectares into producing crops..and contracts are signed in advance and supply and demand is very tight.
If our PEA confirms Open Pitt Mining...it will likely be the Sylvinite Layer that is mined first..(Farhad tells us this in the conference call and can be listened to at the website). At least 10 years of mining the MOP from the upper sylvinite layers in the south west and north west sections of our land.
The value of the Kainitite Layer and the SOP adds value to the net asset value of our company.
In my estimates, the pending revised NI Resource Estimate due out by end of year should double our resource in the measured and indicated and thus, double our SOP....$150 premium to MOP...lets say net premium of $100 per ton...and IC Potash believes its extraction process of SOP will be as high as 90%....almost 3 times that of traditional deep solution mining...thats a big deal when determining a value of an asset in the ground...
Karma

(from page 84 from our NI Resource Estimate)
14.2 Processing Concepts
The processing alternatives resulting from separate material streams from the mine for Sylvinite and Kainitite
are as follows:
1)    MOP from solution mining of Sylvinite Member,
2)    SOP and K-Mg sulphate production from conventional mining of the Kainitite Member,
3)    SOP and K-Mg sulphate production from solution mining of the Kainitie Member,
4)    MOP production from the conventional mining of the Sylvinite Member.