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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 Ethanbrodie123on Dec 15, 2014 7:28pm
374 Views
Post# 23233298

RE:Do you think Farhad is sending

RE:Do you think Farhad is sendingI think this solidifies interest in investing in this country in general. Also, I think that the rate decrease on the eurobonds shows market sentiment that Ethiopia is becoming a less and less risky place to invest.. I do think that he may have been hinting at nice terms with the lending institutions.. This would also be a good bargaining chip in allana's corner on the terms of a large project of this size. It has been showing a trend of stabalization in the country and a positive investment theatre. 

It seems llike things are lining up and tax loss selling will be ending in about 7 trading days.  People thought 2013 was a transformational year (also 2014).. I think 2015, we will be a much stronger, diversified and company that has tremendous amount of support and will be successful. 

I also think this was a hint at potential infrastructure improvements coming down the pipeline such as power and rail..Rail, being the most cost effective thing for allana. We cannot forget the power.. That would probably help opex of at least 5 to 15 bucks a tonne in savings. 

I think in 2015 we can look forward to an impressive pea for sop. I really STRONGLY believe they switched strategies or I should say sped up the process to develop the SOP as they seen results from YARA"s side as per agreement... And by the way, they are somewhat experts in the field... Anyway, I think also the SOP in my opinion has the potential to be possibly almost as good of an opex as the MOP and I would expect the CAPEX to be uner a billion. If this is the case, the economics of the project would probably be the best in the world. In an environment where the eurobond got oversubscrived tells you people are willing to invest more and more into ethiopia. 

RISKvs REWARD is HUGE.. Especially if Farhad and friends play their hands right.. because Farhad has been in these types of situations before, and has his extensive education in financing, I think he is probably one of the best guys to right our ship!


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