APC 0.00% 0.1¢ australian potash limited

Long time since, page-14

  1. 5,575 Posts.
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    It's bizarre stuff, not only is it the lack of interest in the coming news, on a peer comparison it's crazy look at SO4 who are literally right next door.

    SO4 have a 85Mt at 8.74kg/m3 SOP resource.
    GPH have 70Mt at 8.05kg/m3 SOP resource.

    It's 20% smaller sure but in reality it's just a few more years on the back end it's negligible, we could match them in production and scale easily right now we have the land to drill, but it's not a priority right now we have enough.

    Market cap difference is $17 million for GPH to $78 million of SO4 they are valued at 350% more than us, they and the only real tangible impactful difference, I can see is they have a slightly bigger resource.

    Our recent flow rates were so good our best initial result 35 litres per second it should go higher, SO4 best final results I can find was 25 litres per second, we that means lower capex and opex for us we should be flying.

    So either we are criminally under valued or SO4 are criminally over valued take your pick.
 
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