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.

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First Tidal Acquisition Corp > Did Allana purchase NOVA for teh water or SOP or both??

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Comment by Fertimanon Dec 31, 2014 12:00pm

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Post# 23275747

RE:RE:Did Allana purchase NOVA for teh water or SOP or both??

Many thought the water was the significant value, but I believe the SOP is the real key here with the Nova property...

Ethanbrodie123 wrote: I think it was both. That is why they structured the deal the way they did. I think that the deal they struck was a very nice strategic play. If there was not much water, I don't think they would have bought it (depends on how much water they thought was there) and would have just went to the lake which probably would have costed another 30-40 mil.. or would have bought them or offered them not as an attractive deal.

If you think about all of the milestones this company has made in the past few years and look at our shareprice, this has the potential to make multiples on our money. Most of the raises have been much higher in shareprice than today. This obviously tells me that most investors have bought in higher and we made this much success so far. Now, to see how much dillution there will be. If there is not much, this stock may fly. Especially with SOP results.

Correct me if I am wrong but I thought farhad said that we may be able to produce OPEX similar economics to the MOP side.. If this is the case, with 50+ years of 1 mil tonnes, Capex may be a bit more but this has the potential to be the dark horse that will save all of us shareholders that bought in higher as well. This cannot be ujnderstaed.

The fact that the pumpers of this board were criticized for the 450 dollars a tonne for potash.. now that sop is a possibility, we are looking at 6-700 dollar a tonne with a potential of 120-150 opex. Take a look at the economics of that.. oh and that is also with a very profitable mop operation. I wonder, with minimal dillution what the combined companies would be worth?? Lets just say, many multiples on where we are right now.