RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:I feel sorry for you liked2think
"well, its not ranting, its an educated stream of consciousness. i'm saying a min of 3B for this. quite likely higher. but i'm an amateur retail guy, with about 20+ years investing, 25+ years working, educated, and able to research, which if you did, you'd see 3B is an solid average deal in the last 1-2 years for a SALT co. but that's for old school EXPENSIVE mines. with lots of costs and capping out at production that simply cant go higher. why do you think it's crazy to think we'd be AT LEAST worth as much as an average deal w/ our state of the art mine? but not worth more? whatever you're smoking i want nothing to do with!"
Interesting post and you clearly have done research and I agree with some of what you say, but I don't believe you can apply production valuations to a non producing and unpermitted resource. This is certainly 2 and possibly more years from production and requires a capex which I think will be close to or at $300m (just look at steel price increases for a start and almost certainly an upgrade to the dock facilities) although others think lower.
For anyone to buy Atlas now and shell out either circa 12 x future EBITDA or $3b, plus capex with no permitting and a lead time of 2 plus years before an income stream is a big ask.