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

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