Good point.
But their tenements (over 1000 Sq Km) appear to be largely over the playa.
Furthermore if you look at their last quarterly you will see that their initial exploration has been carried out over a very large area.
For this reason I think their resource has the potential to be more like the upcoming RWD resource IF and only IF WHE has an underlying paleovalley.
One has to be a little wary of extrapolating what GPH has drilled to the entire lake Wells system.
The RWD experience of Drilling Karly shows that potential Paleo valley systems are not always what you hope for.
Remember Agrimin dumped their Great Sandy Desert tenements after RWD published their Karly results.
APC Price at posting:
10.0¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)