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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 edxon Feb 04, 2013 11:53am
176 Views
Post# 20934395

RE: The key line is the IRR

RE: The key line is the IRR

I haven't had an opportunity to look at the FS in depth (I will later this week) but I did see it mention the 35% corporate tax rate in the release ... and if I"m not mistaken Allana will not pay that for at least 5 years after commercial production commences.

Anybody with the time on their hands to dig in want to check out if the calculated IRR includes an assumption on the corporate taxes?

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