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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 RetiringYoungon Jan 16, 2014 1:11pm
272 Views
Post# 22099719

RE:RY... I wonder if...

RE:RY... I wonder if...
Fertiman wrote: Allana is competing with the Indians on the offtake agreement that they are looking for...  I know they are looking for around 2 mmt and Allana  can easily ramp up to 2 mmt based on the water and potash availability, although I don't think this will happen until the rail link is connected to the region.




I have no doubt that EVERYONE is competing for that 2M tonne offtake, expecially KRN since they already have a small Indian offtake. Every junior has been trying to get it for over a year. But according to the Encanto interview I read yesterday, they expect to have it wrapped up this Q. I suspect that's the reason why we are hearing more about Allana having all the demand they require right in Africa; the Chinese are tied up everywhere and India is soon to be. Afircan demand will be enough for them in a few years.
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