A$111m EBITDA
Mining Valuations 4-6x EBITDA
K+S Salt business just sold at 12.5x EBITDA (Industrial)
My assumption is $500m to $1b MC value when in production.
600m shares = $0.85-$1.50 on Lake Way ONLY
AND THERE ARE 8 MORE LAKES
Add to My Watchlist
What is My Watchlist?