AW1 american west metals limited

Ann: Storm Copper Project Preliminary Economic Study, page-14

  1. 1,495 Posts.
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    The PEA base case scenario requires funding up to $47.4 million for capital and operating costs until positive
    net cashflow is generated from mining operations.

    So $47.4 m US or $76.1 AU for capex and opex over 3 yrs?

    Considering 2024 total exp were $24.7 m AU.......just for exploration and drilling, I don't see how the $76.1m figure could possibly be anywhere near correct?

    Given all the extra capex required, extra opex regards mining, processing and shipping.....just don't see how its remotely possible.
 
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