AW1 0.00% 12.5¢ american west metals limited

Ann: Change of Director's Interest Notice, page-12

  1. 10,281 Posts.
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    Hi @Giovanni33 - last thing I want is to loose sight of the prize because of disagreements - but I also think further discussion about the Lassonde Curve is productive.
    So here are two such curves - the theoretical one above and a practical outcome below. There is quite a difference - and that IMO is representative of how theory often/usually differs from practice. Source https://www.visualcapitalist.com/visualizing-the-life-cycle-of-a-mineral-discovery/

    Yes quite a difference, but if we were to say that AW1 at Storm is embarked on several such discovery horizons and that the expectations can be overlayed - then the engineer in me says 'all you will get is noise'

    I do have to say however that the Oyu Tolgio mine is not a typical example - during development and to the present day there are social, environmental and political/corruption issues. And they seem to have caused loss of wealth over the latter stages.


    https://hotcopper.com.au/data/attachments/6110/6110837-2308e704b05ecf181365c9e256e1807d.jpg

    https://hotcopper.com.au/data/attachments/6110/6110846-119380d2e05203417e06c3c63e0769f7.jpg
    Lets wait and see how these factors play out, and if we can predict price action from them.

    Cheers.


    Last edited by JandJ: 18/04/24
 
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