AW1 4.17% 11.5¢ american west metals limited

Ann: Assays Confirm High Grades at West Desert, page-19

  1. 378 Posts.
    lightbulb Created with Sketch. 49
    Only thing to get us moving I reckon is
    - Resource estimate west desert
    - drilling storm hitting repeat of historical assays
    - step out drilling west desert of anomalies outside the resource

    I am not sure the market will care too much about what we are drilling now they want to see step out hole of
    2-500m type stuff..?

    post tax NPV of west desert at todays zinc price is A$650million like I’ve said before going off 2014 study, so if we add 100-200k tones of zinc in this upcoming drill program just add 10-20% to the NPV…
    so plenty of room to grow.
    ( didn’t adjust NPV for the copper )

 
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