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1.43% 7.1¢ reward minerals ltd

Mitsui produces 4mtpa of salt from WA at circa $30/t. On a...

  1. Panda7
    7,743 Posts.
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    02/12/17
    14:19
    Post #: 29315996

    Mitsui produces 4mtpa of salt from WA at circa $30/t. On a revenue basis that is a conservative equivalent of 140,000 tpa of sop. 400,000 ktpa would generate ebitda probably 3x their current total WA salt production if not more due to better margins. So they will be more than interested imo. Probably more than 1 company interested for that matter. Sop lakes are exactly falling out of the sky...
    RWD Price at posting: 32.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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