AW1 0.00% 11.0¢ american west metals limited

In the last 2 quarters they’ve spent A$8.8M drilling storm,...

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  1. 1,503 Posts.
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    In the last 2 quarters they’ve spent A$8.8M drilling storm, which is great to see such a high % of $$$ going straight into the drill bit.

    Gives a bit of an idea of what they’ll need for next season at storm. As I understand we want an additional 2 DDs running for deep resource, surface wise probably on par as we’ll drill tempest, thunder and lightening ridge… so I’d say min $10M required, possibly $15M… though not sure what savings if they get rid of the chopper and get a rig that is self mobile (and doesn’t stop in the fog) will be interesting to see the 2024 plans once developed.
 
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