Replies to post #100563 on Strategic Asset Leasing Inc (fka LEAS)

[theDolphin]

great post jkm1! MMTE

[LODE MAKING ME RICH]

So what??? 25 miles from MMTE/CLIL could be nothing but SAND ! It has NO MORE relevance than saying just because OIL is on the coast doesn't mean it is 25 miles inland !

THAT is what I mean when I said the DD for MMTE's CONCESSIONS is NOT DD, it is PURE HOPE and SPECULATION and INNUENDOES and GUESSES! and that post shows that as a GREAT EXAMPLE of a
NI 43 - 101 that DOES NOT BELONG to the land that MMTE / CLIL OWNS !!! :-)

[DeDe3]

JKM it can not be overstated what is shown here... for anyone holding powder this is a steal...

Now, if you take the numbers from the 1980’s and the numbers from 2010 they are strikingly similar.

Moreover, if you take the concession sizes they are a small 100 hectares apart is overall size. Here is what you come up with for PPS for LI and potash. I will use the lesser of the numbers for demonstration purposes. I have also rounded down so as to make the numbers as realistic as possible.

500,000 tons of LI - 50% for recovery and processing = 250,000 tons of LI

Current market price per ton $5,000 per ton

250,000 X $5,000 = $1,250,000,000 That is 1.25 BILLION DOLLARS FOLKS.

MMTE’s O/S is at max 7 billion IMO.

1,250,000,000/7,000,000,000 = 0.1785

Calculation fully diluted.

1,250,000,000/15,000,000,000 = 0.0833


Now the potassium.

We can mine and process and SELL the potash/potassium NOW. HUGE!!!!


4,000,000 - 50% for recovery and processing = 2,000,000 tons of potash.

Current market value of potash = $350 per ton


2,000,000 X 350 = $700,000,000

$700,000,000/7,000,000,000 = .1000

Calculation fully diluted.

$700,000,000/15,000,000,000 = .0466

FULLY DILUTED PPS WITH LI AND POTASH COMBINED .0833 + .0466 = .1299


I am not saying this will be the PPS nor am I saying this is the end all be all calculation. I am saying these are the conservative factual numbers for what the one of MMTE’s nearby concessions is worth.

These numbers represent the concession, Maricunga, with 3500 acres. About 12% of MMTE's total concession ownership.

You can do the math to see what is really going on here.

choose wisely.

[#NeverPennyLand]

This is still not an n1 from mmte with regards to OUR land. Still speculating ?