First Tidal Acquisition Corp T.AAA

Primary Symbol: V.AAA.P

Industrials Conglomerates

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

First Tidal Acquisition Corp > IRR comparison (AAA vs WPX)

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Comment by cacheitinon Apr 30, 2013 2:26am

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Post# 21317917

RE: IRR comparison (AAA vs WPX)

Good comparison. Would be interesting to see what the IRR becomes when debt interest is added in.

aaa's interest on say $400 m at say 8% and taking into account that wpx's management view the economics of their project as almost identical to the K&S legacy project it would be reasonable to assume they need $4.1 Billion as well, so at least $3 Billion in debt required.

8% interest seems low for an unfounded junior, but maybe its achievable.

cant see it affecting Alana's IRR much.

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