APC apc minerals limited

Ann: Major Sulphate of Potash Exploration Target at Lake Wells, page-10

  1. 37,911 Posts.
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    for me, S04 is overshooting. its fully diluted market cap is now $55M. RWD is $60M

    RWD have provided a 400ktpa production target

    GPH have provided a 100Ktpa production target

    i am not aware of S04 providing any target but if GPH are close to the mark then S04 should be similar; definitely not more than 200ktpa despite their recent presentation mentioning RWD's 400ktpa

    in my limited understanding, it is all about water

    water is needed to fill the ponds

    so without a whole lot of studies about water, i think everything is highly speculative for now

    regards
 
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