First Tidal Acquisition Corp T.AAA

RE:falling potash prices.. a Big concern?

[Ethanbrodie123]

same can be said about any other potash junior.. same can be said about all gold juniors trying to get into production. The REALITY is that allana actually has visibility in its financing capabilities. 650 million is a sharp contrast compared to the BILLIONS needed for other potash juniors. It does not take a rocket scientist to figure out how the IRR would be with a potash price of 330 per tonne. Really, need to update the feasability study? and spend more money? It is also likely to be more than 330 in 2 years when they start production. more likely to be in the 350-400 range. Also, wasn't Agrium's offering oversubscribed by 6 times? it is obvious that people still believe in the potash story. I think this is either an article for someone to write an article or he has a different motive for writing this. He could have picked any junior trying to secure financing in any space really and it would have been the same. Well, actually allana is in a much better position than most.. so i'm really questioning the motives here...