Add this also ... from the Q4 earnings call transcript ... CEO answering question from analyst re minority partner at Copper World
Silent on numbers and you wouldn't expect it to be answered (but hey he took a shot at it).
And then the real hard stuff ... going all the way to copper cathode (something NWC wont be doing)
And that puts the ASCU investment into some "clarity"
And that asset it a very large open pit mine heap leach processing oxides using a patented process from RioTinto (NUTON) which could end up with NUTON owning as much as 40% of the Asset (which with PFS is estimating 92Ktpa of CATHODE)
I expect the next step for HBM with ASCU is to invest directly in the asset based on DFS ... minimum 20% ... but hopefully at least 30% - 40% (to match RIO) and ASCU at 20% (or 30% if HBM take 30%)
The theme here is there is a very big push for domestic Made in America Cathode (not concentrate).
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Last
5.2¢ |
Change
0.002(4.00%) |
Mkt cap ! $185.8M | |||
| Open | High | Low | Value | Volume |
| 5.1¢ | 5.2¢ | 5.0¢ | $12.88M | 252.8M |
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| No. | Vol. | Price($) |
|---|---|---|
| 9 | 19294118 | 5.1¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 5.2¢ | 564901 | 1 |
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| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| NWC (ASX) Chart |