AW1 9.52% 11.5¢ american west metals limited

Ann: Noosa Conference Presentation, page-119

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    All of those will move the SP, but the infill drilling alone bringing the MRE to 50mt would likely bring this to 20c. That's where the market thought was fair value for those expectations at a lower copper price.

    Now imagine that happens PLUS the things you've mentioned.

    The discount rate is being applied based on risk, so if DSO starts progressing it increases the % attributable to in ground copper and would have quite a dramatic effect.
 
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