Atlas Salt Inc REMRF

Buyout of 13.00 in two years

[Jethro980]

This will get bought out for around 13.00 per share if shareholders stay tough. It is as simple as it sounds, buy and hold.   1. Is the resource there and can it be exploited efficiantly? YES  2. Does the resource offer benifits over the overseas tonnage of 7 million tons.  YES     The answer to both questions is YES.   We obviously have some battleing going on re buyout prices as suiters are low balling this massively becuase of high nterest rates. They are betting that SALT shareholders will cave.  Many have thus the drop.   This said, buy and hold and also understand that you will need to hold for about 2 years.

[Nudistman]

Curious how you came up with $13. Vulcan Minerals will likely have dibs... just like now.

[Canticle]

The PEA supports my own projections of the last 2 years which has never changed, buyout target for me was and remains $12.

[Zephyr]

Same 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