I have kll(asx) at $150 million market cap (with performance shares) aiming to produce 90ktpa sop increasing to 180ktpa at full production.
Abr just on $50 million market cap aiming for about 36ktpa sop plus about 6.5ktpa extra tonnage as the boric acid is $800 versus $750 per tonne of sop in the Dfs.
Abr could easily be $75 million market cap. I think we could do the same analysis with so4 (asx) and it would show a similar outcome.
ABR Price at posting:
25.0¢ Sentiment: None Disclosure: Not Held