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Atlas Salt Inc REMRF


Primary Symbol: V.SALT

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 Mar 17, 2023 7:12am
151 Views
Post# 35344367

RE:RE:Buyout of 13.00 in two years

RE:RE:Buyout of 13.00 in two yearsSame here. I did a full after-tax NPV when the PEA press release came out in January. I took it to 6.5-7.0 Mtpa with reasonable assumptions for debt, expansion timelines, etc. I then discounted the NPV8 for selling the asset & not an operating company. My range since last year was $8-$12 with a likely range of $10-$12 (but that was calculated on the back of a napkin). My calculated range was $10-$15 with a liklihood of $10-$12. That outcome was reasonable based on the cost structure in the PEA.
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