@thunder54. What about the dilutionary effect of 70M new shares on the 152M on issue? That's almost 50% for current investors (assuming Hartleys et al take all) and will push the MC to around $18M (at 8c) with potentially 70+M shares on sale in short order (requiring massive relative volume).
I like GPH's prospects for good flow rates (given basal sands in most holes), but agree with @FiendishRedbeard that they will have to upscale to get the capital they will require for SOP production, assuming all goes well.
I like GPH and their potash/gold exposure, but what about the significant opportunity cost? R-7.
(20min delay)
