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/biz/ - Business & Finance

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>> No.56964560 [View]
File: 159 KB, 714x555, 1676370484231394.jpg [View same] [iqdb] [saucenao] [google]
56964560

>>56964471
>price assumptions were correct
Disagree. SALT reverse engineered unrealistic yearly projected increases in the price of road salt which made the PEA work.

>> No.53702667 [View]
File: 159 KB, 714x555, salt2.jpg [View same] [iqdb] [saucenao] [google]
53702667

>>53701169
My objection revolves around the assumptions in picrel that there will be price increases while the disruptive supply from their mine is introduced to the market. The new supply from a source this big will have the opposite effect in an industry where demand is rather constant (+- for weather) and price projections are calculated on historical assumptions. These projections fail to account for the introduction of their own supply to the market. If anything, the price of road salt will remain relatively static or even decline on account of this.

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