RE:RE:spinco & SALT valuation whats it worth now? we know the size, 4.1 km by 1.3 km. MASSIVE!
i will have to re-listed to the youtube, rowland was asked how it compares in size to the Utah salt dome and i dont think he answered it. my recollection is that he seemed to side-step that. i'm really not sure where this 4.1x1.3 fits in w/ other domes...
well, yes, it will increase for sure (hopefully!).
but apparently it's worth no more than $2. actually worth considerably less than 2$ cause together, our massive SALT deposit AND the DOME are worth together less than 2$. 1.99 as i type this (delayed 15min, so it could be worth more in 16min!!)
yes, they say the dome must be processed. i dont know that they extract the salt, from what i'm reading you inject water to hollow out a cavern. but that'll be covered by its own feasibility study i guess... interesting stuff if you like reading. my previous knowledge is most in the oil and gas, and unfortunately uranium space(s). but i'm liking what i'm learning about SALT!