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
for me, S04 is overshooting. its fully diluted market cap is now...
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