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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

Comment by Karmanowon Jan 26, 2012 2:44am
390 Views
Post# 19450746

RE: hang in there longs....

RE: hang in there longs....

seeking you are sooo right! It is my understanding that some previous posts have been put in the hands of those with the power to take action....and as has been stated before I would be concerned with statements of liable...Farhad is well aware of these posts and Allana's IR and Stockhouse are also well aware...and by default I would assume that legal is also aware...this is not a game...real money is invested here and this board is for Allana shareholders...it once was...and it appears will be again....lets hope.

A suggestion to Stockhouse might be, in all fairness,if a poster puts another poster on "ignore"...it should work both ways...the poster put on ignore loses his/her right to access to the posts from the poster that put them on ignore....hmmmm It would stop the one way conversations and inspire some to be a little more respectful "if" they want access to those posters that try to make this board a place for sharing about Allana...?

I also think Stockhouse should not allow someone who is deemed "banned" or "dropped" from posting allowed to set up a new account and avatar with the same email address as they used for their account that was banned....make the banned poster have to do a little work to get back into the game...

A note to my previous post: we had a MOU or memo of understanding with China Minerals for terms of 35% debt financing and paid back at a discount of potash production until the debt was paid back. The 35% debt financing secured 20% of our production at a discount. So, taking that model and multiplying by 3 one gets 100% financing and they secure 60% of production at a discount until the $800 million is paid back. The offer of 75 m shares of AAA would be made at similar terms to those made before and at $1.50 or $1.60 per share. The shares would likely have terms attached but in the mix to be counted if and when we get a major take a run at us before production....oh, the 75 m shares would add another $112 m dollars to our war chest and with the $55 m current plus the pending PP of $20 m less the $30 m for the BFS...we could end up with a cash balance of $150 m in the war chest...to put toward equipment, argentina and or put toward reducing the capex?  The point is, we get to production, we get a joint venture and we pay through product and dont pay interest on debt. But the biggest advantage for us longs is we end up with a partner that will be there for us if and when the big boys take a run at us...never sell your winners too early...and the next few months are going to be very important for Allana and actually all other juniors looking to get financing to move forward. The majors understand the game and understand that the junior takes on the risks and builds up the resource and then get taken out for a premium...what a joke. The majors get it...and any premium they pay to take out a junior is minor when you compare it to the value of ten times earning when that resource is in production....Allana is trading at less than 1 times projected EPS earnings per share today....we have an estimated NPV of $1.85 billion....and likely to double that within 60 days when we can expect our revised NI Resource Estimate...

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