Atlas Salt Inc V.SALT

Alternate Symbol(s): REMRF

Metals & Mining Industrial Metals & Minerals

Atlas Salt Inc. is a Canada-based mineral exploration company. The Company is engaged in the evaluation, exploration, development and production of industrial mineral properties in Newfoundland and Labrador. The Company’s principal asset is the Great Atlantic salt deposit project (Great Atlantic Salt Project), located in the St. George Basin of western Newfoundland. Its Gypsum Project is three kilometers (km) southwest of Great Atlantic salt deposit, which is an early-stage and open-pit production from the Ace deposit. Its Nepheline Syenite Property consists of a surface occurrence of nepheline syenite along the southern Labrador highway. The project is located approximately six km from tide water.

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Atlas Salt Inc > NPV

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Comment by MoneyKon Aug 28, 2022 2:20pm

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Post# 34925405

RE:RE:RE:RE:RE:RE:RE:NPV

I've seen some NPV calculations on CEO and people were using around 150M for capex. Does this make sense? Seems like a pretty simple mine with plenty of access. I suppose that 1 year to build would be enough?

When crunching my numbers and keeping it very simple ($150M capex (year 1), 4M tons per year (LOM) at $80 per ton, $25M after-tax profit per ton, 8% discount rate... I'm close to a possible after-tax NPV of $1B US and feel that's very very conservative...

If aggresive (e.g. 5% discount rate with more production and higher margins, this after-tax NPV could also be north of $3B US.

It's really anyones guess at this point. Can't wait to see the FS!

IMO.

MoneyK