WithAW1 share price valuing the company at $75 million market capitalisation, but theStorm Copper maidan MRE valued at over $2 billion and growing, what is the marketdoing?
Top 10 Points fromAmerican West Metals Press Release:
- Maiden JORC compliant MRE defines 17.5Mt @ 1.2% Cu and 3.4g/t Ag: This signifies a substantial copper and silver resource (205 Kt of Copper & 1.9 Moz of silver) identified at the Storm Copper Project. This equates to AUD $2 BILLION resource, just for copper metal assuming 80% Cu recovery and AUD$12,500 Cu price per tonne.
- High-grade core of 11.2Mt @ 1.5% Cu: Further boosts the project's potential with even higher copper concentrations within the resource.
- Near-surface mineralization: Enables potentially low-cost open-pit mining for resource extraction.
- 100% fresh chalcocite dominant copper sulphide: Favors amenability to low-cost beneficiation processing.
- Tier 1 mining jurisdiction in Canada: Offers a stable and supportive environment for project development.
- Open in all directions for resource expansion: Suggests significant potential for future growth beyond the initial MRE.
- High-grade discoveries not yet included in MRE: Thunder, Lightning Ridge, and Cyclone North add further promise for resource expansion.
- Emerging copper mining camp potential: Multiple deposits and numerous exploration targets indicate long-term viability.
- Less than 5% of prospective horizon drill tested: Vast exploration potential remains within the 100km long copper bearing area.
- Major drilling program planned for 2024: Demonstrates the company's commitment to aggressive resource expansion and exploration.
The Webinar may help to explain the MRE upside!!!!!
- Forums
- ASX - By Stock
- Ann: Maiden JORC MRE for Storm
WithAW1 share price valuing the company at $75 million market...
Featured News
Add AW1 (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.2¢ |
Change
-0.002(2.70%) |
Mkt cap ! $42.84M |
Open | High | Low | Value | Volume |
7.3¢ | 7.4¢ | 7.2¢ | $107.2K | 1.465M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 529176 | 7.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.4¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 529176 | 0.072 |
2 | 396859 | 0.071 |
4 | 179085 | 0.070 |
2 | 1015000 | 0.069 |
3 | 164058 | 0.068 |
Price($) | Vol. | No. |
---|---|---|
0.074 | 100000 | 1 |
0.075 | 50000 | 1 |
0.076 | 130000 | 2 |
0.077 | 90000 | 1 |
0.078 | 125000 | 1 |
Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
Featured News
AW1 (ASX) Chart |