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2.60%

7.9¢ american west metals limited

Ann: $18.8 Million Royalty Financing, page-35

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Giovanni33

2,636 Posts.

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24/06/24

12:47

Post #: 74458411
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Originally posted by Pokerface: ↑

Mathematically, this looks like a decent deal to me. Someone is paying $19m to enjoy a future 1% on achieved revenue. They would not do this unless confident of say sales of $4b- double their money- as a minimum. That speaks to their confidence of future production, and surely speaks to value, although, yes, margins are still an unknown. And yes, the company has to double the current resource as a hurdle to get some of that $19m, but that looks relatively easy based on last year’s efforts and we know there were discoveries not in the maiden MRE.

The value of the royalty skyrockets if revenue is high early- but so what, everyone is a winner….probably.

I have built a sizeable position. I am happy to sit and watch over the next four to six months. Hopefully it will be a great show!

I look forward to speaking with Dave up at Noosa in a few weeks at the Noosa Mining conference.

At $75m, the market cap makes no sense to me!
Interesting to see their plans for the other projects!!

GLT all.

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I could not agree more. This will be a very exciting few years, good luck to all holders.

Last edited by Giovanni33: 24/06/24

AW1 Price at posting: 13.5¢ Sentiment: None Disclosure: Held
7 Upvote

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(20min delay)
Last 7.9¢		Change 0.002(2.60%)		Mkt cap ! $45.82M

Open	High	Low	Value	Volume
7.9¢	7.9¢	7.8¢	$17.26K	219.4K

Buyers (Bids)

No.	Vol.	Price($)
2	64000	7.8¢

Sellers (Offers)

Price($)	Vol.	No.
8.0¢	90134	2

View Market Depth

No.	Vol.	Price($)
2	64000	0.078
1	97076	0.076
4	444113	0.075
2	170812	0.074
2	157247	0.073

Price($)	Vol.	No.
0.080	90134	2
0.081	82623	1
0.082	113829	2
0.084	50261	2
0.085	10554	2

Last trade - 11.24am 14/11/2024 (20 minute delay)

AW1 (ASX) Chart