SO4 has a market cap of $53 million. Their main potash project is 85Mt of SOP (grading ~8.74kg/m3 SOP).
If our JORC is achieved in June and we achieve a resource size between 79MT and 123MT SOP, what kind of market cap can we expect. Of course production estimates including capex and open of ~$250/t is required.
It's good to see SO4 doing well as our peer comparison will be made to their nearby project.
Ann: Final assays highlight quality and scale of SOP Project-GPH.AX, page-13
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