First Tidal Acquisition Corp T.AAA

RE:RE:RE:RE:thanx JR and Bob

[rythman]

I did read it.
Its not rocket science.
Here are the important facts that it states.
Total Capex equals 642 mill. That is the cost of infrastructure to production.
Total Opex equals 98.75. That is the cost to procuce one tonne after capex.
NPV @ 10%. Do you know what this means???? It is the current value multiplied by 10%!
Potash Prices then $430.00 per tonne.
Hence 24 million tonnes @ $430.00 equals 10,320,000,000 mutiplied by 10% equals 1.32 Billion dollars or invariably the amount you mentioned. They call that NPV@ 10%. Do you get it.
So they have since added reserves but I took that to be 34 million proven tonnes and multiplied it by the price that Potash got over the last quarter of $307 and I got total value of roughly 10.5 billion dollars in todays dollars. IF CAPEX and OPEX are the same then I will stick to my numbers.
Question:
How many times have you read that feasibility study and not understood what it meant?
rythman