TSXV:SOP.H - Post by User
Comment by
oilinvestor2022on Dec 29, 2022 5:29am
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Post# 35194794
RE:RE:Word out on a JV
RE:RE:Word out on a JVI believe the total estimated investment was estimated at $250 million ballpark with recent cost estimates likely being greater with inflation. Costs would include all equipment for extraction and hauling. Costs of salt/brine pools and the transportation hubs for hauling the products.
it was estimated that gross revenue on an annualized basis would be $170,000,000 million times soperiors' cut of 15% would be $25,500,000.
This is a multi-bagger if this deal goes forward which the market appears to be whispering that it will!!!
best of luck to everyone and do your own due dilegence.
oil investor