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.

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First Tidal Acquisition Corp > Debt vs 3 yr Return on investment

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Comment by mcdok0on Jun 04, 2014 10:55am

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Post# 22628767

RE:Debt vs 3 yr Return on investment

Summary

Allana's share price got hit by a declining potash price after Uralkali left the potash-cartel.
As its deposit has unique characteristics, according to my calculations the project remains viable at the current ultra-low potash price.
The partnership with ICL will prove to be extremely important, as ICL will offer technical expertise and financial backing.
Debt financing is expected shortly, which will allow Allana to hit the ground running.
My near-term target price is $0.52, increasing to $0.75 when funding for the project will have been secured. As such, Allana is a strong buy.