Atlas Salt Inc V.SALT

For clarity I say we do better as a company

[TeamEddie]

the reason I think going to production is better is when the extremes work in our favour the share price will run - most likely over $7 

A buyout would be closer to $5

ATLAS puts up on $100m to develop a mine and easily gets all the money back 

a company buys at say $500m +$100m to develop a different scenario for them

[MoneyK]

Climate change will affect ocean levels.  NL might even no longer exist and all the salt might dissolve.  Bitcoins could be a safer bet for sure. Seriously... $500M?  Once this ramps-up to 6M+ tons per year, it would most likely generate $200M+ of profit per year....  worth a lot more than $500M... IMO. MoneyK

[TeamEddie]

A risk assessment will consider climate change and if you do not think that it you are not thinking clear  they will not value it at more than 10 years impossible to take on that much risk

[Zephyr]

Lol...I guess it's time I learn to swim :)

[Crunchy2chew]

I would say that the profit margin once up and running will be up in $500 mil/year actually.  6 mil/year is not going to be the steady state production level of this mine ;) Question, why do all the rich folk that are pushing us to live like 3rd world dirtbags all buy mulit million dollar estates on the water front if it is going to be under water soon?  haha because they know its BS

[MoneyK]

Crunchy, $500M profit per year is pushing it... whats your calculation? MoneyK

[Crunchy2chew]

very very simply 8 mil ton/year @ $80/ton = 640 million  sales (i expect over 10 mil ton/yr actually) Rowland said a fraction of godridge production costs. Their costs were $44/ton, lets say 40% of that costs. So say $17/ton costs for Atlas.  $17 x 8mil = $136 mil expenses...... So about 500 mil in profit......cash cow. And I do expect 10+ mil annual production. Plus the wholesale

[MoneyK]

Thats not profit Crunchy. You need at minimum to remove ongoing capex and sustaining, interest, taxes, royalties, etc., which maybe will shrink that $500M by 40%? Taxes only are like 35%? Math is math, but EBITDA is not profit. IMO. MoneyK

[TeamEddie]

cRUNCHY 8 million say 1 thing and 1 guy on utuve says another and you believe the one  you are literally the definition of a conspiracy theorist I am a realist  you are down $140k from the highs so we need to get over $4.5 and after the 21st I assume there is less reason or demand and the share price will drift lower  lets say $2.5 are so you will be down $200k from the highs ...

[Crunchy2chew]

There are a lot of scientists that say its BS. You act like its the opinion of a lone nut job or something. Give your conspiracy theory a rest dude. Its ok a lot of other gullible people believe the big lie. And you say I am Down on Atlas....Who the hell said I am down dude, I am still up a shat load on money, I have never been negative on this vs my avg price. I bought in at a very low price :)

[Canticle]

There are small minorities of people who believe the Earth is flat, that space does not exist, than there were no moon landings. Having a fringe, outlier belief does not make it equally legitimate to other theories just because it's contraband, it has to stand on its own evidence. Those denying Climate Change have no evidence. What little evidence they provide isn't peer reviewed, and can&

[Liked2Think]

why does anyone bother to try and discuss anything with the $76/share dumbo? Who cares Trump or Biden Who cares climate change or not Who cares about who thinks the earth is flat or not. How does anything of it affect anyone? I know the earlth is not flat.  If it was flat does it affect me in anyway?  NOPE so who gives a F if you agree with me or not! Its my belief that humans cannot

[Crunchy2chew]

Liked2think. My god i basically agree with the last post you made. Perhaps there is hope. Oh well this site has generally gone to shat.  I am leaving. See you on the otherside of the buyouts. 

[silentrunning]

Crunchy......its gotta be exhausting dualing with an MPD. Obviously in their manic phase or theyre out of meds.

[Crunchy2chew]

I might be wrong but I believe that I saw in the compass annual report they had the $44/ton listed as all expenses from grind to customer. The guestimate $17/ton would likewise include all relevant operating and other costs to get the salt up and to the customer for sale.  just say wholesale price $85 - $17 = $68 gross profit per ton gross profit $68 x 8 million ton = around 500 million I