Atlas Salt Inc V.SALT

Alternate Symbol(s): REMRF

Metals & Mining Industrial Metals & Minerals

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

Atlas Salt Inc > $4 Billion NPV at 5% discount rate on 4mpta LFG

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Comment by nedstar71on Aug 28, 2023 9:17am

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Post# 35607833

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

SmallCapIntel wrote:
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

Agreed. Extremely undervalued, market needs to wake up. Will it?

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