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Bullboard - Stock Discussion Forum 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... see more

TSXV:SALT - Post Discussion

View:
Post by wreckhouse on Apr 24, 2024 8:05pm

SALT

Looking ahead, the Company is progressing the following objectives for the Great Atlantic Salt Project for the remainder of 2024:

  • Establishing monitoring programs consistent with the conditions of release from the provincial environmental assessment process;
  • Progressing permitting, leasing and zoning;
  • Developing the detailed timeline to commercial production;
  • Developing mine design and build optimizations;
  • Progressing offsite infrastructure agreements and capital investment plans for logistics including the planned material transportation, conveyor and port loading systems;
  • Developing salt distribution and monetization strategic partnerships; and
  • Progressing project financing options.
When these goals are met the share  price will be Double  from today's price. BCRNW
Comment by jazzlistener2 on Apr 24, 2024 10:03pm
management is weighing their project financing. Maybe selling a quarter of the company  for someone who can pick up the tab.  win, win  for everyone.
Comment by nedstar71 on Apr 24, 2024 11:41pm
I still think a joint venture is the most likely option here.  I doubt it will be just 25%, 50% minimum.  But there's nothing wrong with that, it still justifies a share price of 5 - 8x where the stock is curently trading, and takes all the questions away.