AW1 2.70% 7.2¢ american west metals limited

WithAW1 share price valuing the company at $75 million market...

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    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:

    1. 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.
    2. High-grade core of 11.2Mt @ 1.5% Cu: Further boosts the project's potential with even higher copper concentrations within the resource.
    3. Near-surface mineralization: Enables potentially low-cost open-pit mining for resource extraction.
    4. 100% fresh chalcocite dominant copper sulphide: Favors amenability to low-cost beneficiation processing.
    5. Tier 1 mining jurisdiction in Canada: Offers a stable and supportive environment for project development.
    6. Open in all directions for resource expansion: Suggests significant potential for future growth beyond the initial MRE.
    7. High-grade discoveries not yet included in MRE: Thunder, Lightning Ridge, and Cyclone North add further promise for resource expansion.
    8. Emerging copper mining camp potential: Multiple deposits and numerous exploration targets indicate long-term viability.
    9. Less than 5% of prospective horizon drill tested: Vast exploration potential remains within the 100km long copper bearing area.
    10. 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!!!!!
 
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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
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Last trade - 16.10pm 18/11/2024 (20 minute delay) ?
AW1 (ASX) Chart
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