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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

Post by SmallCapIntelon Aug 28, 2023 8:30am
234 Views
Post# 35607786

$4 Billion NPV at 5% discount rate on 4mpta LFG

$4 Billion NPV at 5% discount rate on 4mpta LFG

What's amazing about this FS is that even on the most conservative basis of 2.5mpta and NPV (8) this has a $1 billion NPV while the market cap of $SALT isn't even 13% of that valuation (123M mc)

Then when you begin scaling this out to how the mine is actually built, at 4mpta, the NPV sky rockets to $2 Billion with 8% discount rate and $4.1 Billion at 5% discount rate. 

This is the real deal here. LFG

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