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Bullboard - Stock Discussion Forum Atlas Salt Inc V.SALT

Alternate Symbol(s):  REMRF

Atlas Salt Inc. is a Canada-based junior mineral exploration company. The Company is engaged in the acquisition, evaluation, exploration and production of mineral properties in Newfoundland and Labrador. The Company owns 100% of the Great Atlantic salt deposit strategically located in western Newfoundland in the middle of the robust eastern North America road salt market. The project features a... see more

TSXV:SALT - Post Discussion

View:
Post by wreckhouse on Apr 24, 2024 8:05pm

SALT

Looking ahead, the Company is progressing the following objectives for the Great Atlantic Salt Project for the remainder of 2024:

  • Establishing monitoring programs consistent with the conditions of release from the provincial environmental assessment process;
  • Progressing permitting, leasing and zoning;
  • Developing the detailed timeline to commercial production;
  • Developing mine design and build optimizations;
  • Progressing offsite infrastructure agreements and capital investment plans for logistics including the planned material transportation, conveyor and port loading systems;
  • Developing salt distribution and monetization strategic partnerships; and
  • Progressing project financing options.
When these goals are met the share  price will be Double  from today's price. BCRNW
Comment by jazzlistener2 on Apr 24, 2024 10:03pm
management is weighing their project financing. Maybe selling a quarter of the company  for someone who can pick up the tab.  win, win  for everyone.
Comment by nedstar71 on Apr 24, 2024 11:41pm
I still think a joint venture is the most likely option here.  I doubt it will be just 25%, 50% minimum.  But there's nothing wrong with that, it still justifies a share price of 5 - 8x where the stock is curently trading, and takes all the questions away. 
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