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Atlas Salt Inc V.SALT

Alternate Symbol(s):  REMRF

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.


TSXV:SALT - Post by User

Comment by Crunchy2chewon Sep 09, 2022 8:49pm
68 Views
Post# 34953516

RE:RE:RE:RE:RE:RE:For clarity I say we do better as a company

RE:RE:RE:RE:RE:RE:For clarity I say we do better as a company I might be wrong but I believe that I saw in the compass annual report they had the $44/ton listed as all expenses from grind to customer.

The guestimate $17/ton would likewise include all relevant operating and other costs to get the salt up and to the customer for sale. 

just say wholesale price $85 - $17 = $68 gross profit per ton

gross profit $68 x 8 million ton = around 500 million

I know its very rough and perhaps I am way off. Its roughly what I have looked at, its all guessing until the FS comes out. It will be known when the FS comes out 


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