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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 cacheitinon Jan 23, 2013 7:25pm
238 Views
Post# 20880763

RE: RE: Wpx merits?

RE: RE: Wpx merits?

Aaa will probably build their mine for less than 800 million.

They will probably raise 200 through strategic investors and will need about 500 million in debt financing.

so to compare aaa and wpx from a total interet cost during the build and ramp up phase(based on figures in my previous post) it will look something like 100 million  in interest for aaa(which is less than half a years profit) versus $1.5 billion approx for wpx

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