APC 0.00% 0.1¢ australian potash limited

SO4's resource is 85Mt @ 8000mg/L. SO4 has a $54M MCap therefore...

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    SO4's resource is 85Mt @ 8000mg/L.

    SO4 has a $54M MCap therefore if GPH can prove up a resource of 80Mt, at 9000mg/L, then GPH should be re-rated to a similar market cap, with a premium for the higher grade of their deposit, whilst discounting for being slightly behind SO4 in the development stage.

    A MCap of~45M could easily be justified which would be a 3 bagger from current levels, however I expect higher tonnage and grade than 100Mt and 10,000mg/L when factoring in the new upper sand layer and the higher grades of the upper aquifer, therefore an even higher market cap should be seen.
 
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