AW1 0.00% 14.0¢ american west metals limited

Ann: Investor Presentation, page-46

  1. 1,684 Posts.
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    Duly noted...my take on the changes......the current markets are hungry for scale ...and I have noticed some of my other e-transition mineral holdings, doing work to confirm much larger resource bases....

    As for AW1, the early JORCs were as much about adding MC to deliver better CR outcomes and more rapidly progress the 3 projects. Initially they planned an early Storm JORC based around 2750N alone. Whilst 2750N zone assays are really high grade and impressive, taken alone, 2750N may not sufficiently demonstrate to the markets the true magnitude of the prize on offer with Storm. 2750N is after all only one of several zones and there is a continuity of mineralization across all zones as evidenced by historic and recent drill results.

    So go down the path of showing the market the bigger Prize and then restart a drill program to prove out. Good strategy especially if a really exciting West Desert JORC has already been delivered. West Desert runs on the board would then get the markets really excited if they go down this Resource Definition ...scale of project approach at Storm.

    A lot of noise starting about the looming shortage of Copper, graphite, Lithium, cobalt Nickel ...basically anything e-revolution related. Why prove the flea when you can already show a clear outline of the elephant.

    all IMHO

    564xxl



    Last edited by 564xxl: 05/12/22
 
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