There's many, many copper stocks with resources and reserves that dwarf what AW1 has and they have market caps ranging from under $20mil to $150mil, many have feasibility studies done at various levels, and are obviously further advanced towards production and subsequently have less risk.
Copper in the ground is but one piece of the puzzle, unfortunately there's the convoluted permitting process to navigate and cost wise, it doesn't jump outta the ground and load itself onto transport, then there's the on-going finance requirements.
AW1 might get there, the market I believe is fully pricing it to its potential (compared to others of course, it's a tough market right now), but it's got a long way to go.
2025 drilling will be interesting.
AW1 Price at posting:
8.4¢ Sentiment: None Disclosure: Not Held
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