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Prepared a baking sheet by coating with a light layer of room temperature butter, set aside.
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In a wide mouth sauce pan, combine sugar, kosher salt, and water.
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Cook on medium high heat, stirring occasionally, until the sugar is dissolved and a deep amber color is just beginning (approximately 300 degrees on a candy thermometer).
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Remove from the heat and quickly stir in the lime juice.
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Add the peanuts and stir to coat.
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Turn the mixture out onto the prepared baking sheet and spread into a layer of desired thickness.
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Sprinkle with additional kosher salt.
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Allow to cool and break into bite sized pieces.