ATLAS buyout min $10.00 share otherwise dev this themselvesBased on my review barring a great buyout offer in $10.00 minimum range, we should dev this resource. all Atlas has to do to start is get a 10 year contract from NL gov to stop the 330,000 tons coming from Quebec. thats $22 milion a year in revenue at 75.00 per ton. Then they can build from there to provide the rest of Canada and USA - At present, Canada and the United States import between seven and 10 million tonnes of road salt per year, mainly from Chile, Egypt and Morocco, out of a total annual market of approximately 25 million tonnes. This means that up to 40% of the mineral is imported.
Even with the NL contract they can run a successful business earning about .15 cents a share. with larger contracts in the millions of tons per year lets say 4 million it can generate business of 300 million with profits in the 1.00 per share range. Share price will be abuut 15.00 per share. so no but out without great offer.