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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

Post by Synguton Jan 18, 2014 9:21am
276 Views
Post# 22107156

Africa - Allana's sole supplier?

Africa - Allana's sole supplier?It is interesting why the focus has changed to selling to Africa only, when Asia is such a massive market. Is one of the preconditions to the IFC financing to only sell in Africa?  Has Allana's free-market been compromised with IFC demands? Did Allana balk at the IFC demands, hence no financing yet? Does selling in Africa only, affect what price they can sell for? They say Africa will have 6-8 million potash demand in the future, but it is only talk. Regardless, Allana will still be making money, but could they make more selling to different continents? How do you as an investor feel about making potentially 20% less on your investment because of Allana's limitations?
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