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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 Zephyron Nov 18, 2022 12:49pm
148 Views
Post# 35110809

RE:Q&A

RE:Q&A
DeputyDawg wrote:

Obvious question is what is the timescale for the FS. I believe we will be told then it will be January at the earliest as I said in September, but we'll see.

   


I'm with you here DeputyDawg. I'd say mid-Q1 2023 for FS. Rowland had the opportunity last month in the Sagacity interview to reinforce Q4 2022 for the FS (which the Company is already on record for stating publicly). He didn't and all he said was that SLR will produce a top-notch FS and left the timeline open-ended. I'm open to be proven wrong with a drop in the next 3-4 weeks, though :)

I don't think it matters to a potential buyout, though, which I've always thought would be final by late Spring/early Summer 2023. That's my hope, anyway.
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