I agree with some of what you say, but the surface DSO is a high grade and very likely low AISC deposit which should require low capex. That means cash flow and less dilution. That's the path to value as it will let them explore the deeps for the feeder zone. How many ASX copper plays can say this is their near term plan? Whim creek is the lowest capex I can think of at 80-100m or kanmantoo extension. AW1 should come in well below that (but likely above the 25m Dave said).
DSO won't be starting up this year (it is unrealistic to assume so) but hopefully a good chunk of the work required can be done to push forward to that.
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Last
14.0¢ |
Change
0.005(3.70%) |
Mkt cap ! $72.47M |
Open | High | Low | Value | Volume |
13.5¢ | 14.0¢ | 13.5¢ | $209.8K | 1.552M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 2033161 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 660466 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 1563161 | 0.130 |
4 | 256000 | 0.125 |
4 | 1192916 | 0.120 |
7 | 888204 | 0.115 |
6 | 620908 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 634584 | 5 |
0.145 | 312432 | 8 |
0.150 | 805583 | 8 |
0.155 | 205000 | 3 |
0.160 | 230000 | 3 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
AW1 (ASX) Chart |
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