RE:RE:RE:RE:$25+ buyout Thats correct and that would be a steal for a resource currently values at $80 billion. Dont forget that this is much larger then estimated. I believe closr to or exceeding 2 billion tons. Now remember once the ground work is done steady state operating costs will be a fraction of other mines and this asset will be able to corner the bulk salt market.
There will be a bidding war as this mine could easily exceed 10 million tons per year. Thats 800 million income per year and i would guess thats a minimum and keep in mind that the cost going forward will be increasing due to the hyper inflation of the fiat currancy. I would say that there will be in excess of 600 million profit after expenses per year.
Rowland and Pat atr not idiots they are not going to sell this industry killer for a song