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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 Apr 24, 2012 1:01am
427 Views
Post# 19827225

RE: RE: Valuation

RE: RE: Valuation

Lordess; the $50 was using open pitt mining and having a recovery extraction rate of 80%. It was also in FULL PRODUCTION...but I can tell you if you look at the proposed opex and capex costs and debt servicing the end number will not be to far off if the BFS confirms 2 m tons per year production...but you already knew that ....and do not confuse my work..$1.67 is a comparative value...I still think that is too low based on all we know...and are about to find out...you see Lordess  some just need to be spoon fed...and others eat on their own... 

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