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.

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First Tidal Acquisition Corp

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Comment by aaa-ftwon Oct 20, 2011 10:12am

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Post# 19166335

RE: You SOP!!!

Here is my understanding of the issue

1 - SOP sells at a premium to MOP
2 - SOP can be refined from sylvinite by adding an extra step to the refining process. Otherwise you just end up with MOP. This increases the cost to produce SOP from sylvinite
3 - SOP can be refined from kainite without the need for this additional step thus reducing the cost to produce SOP
4 - Our kainite layer is deeper and would cost more to recover

The question seems to be whether or not the additional cost to extract deeper kianite would be offset by a lower cost to extract a higher value product.

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