Here’s the short version: AW1 at 6 - 7c is a classic seasonal trade. The SP has dipped during the quiet northern winter months, making this the perfect time for traders to accumulate before the next drill season heats things up. eg. Bunn is working hard to maximise the accumulation.
Why Next Season Looks Big:
Deep Drills: New MLEM targets are ready for 2025, and they’re way more exciting than last season. Shallow High-Grade Hits: Storm’s known for its shallow, high-grade copper, and it’s still delivering.
Momentum is building. Once the drills start turning, SP tends to spike—perfect for those who got in early to cash in.
The Strategy Traders: Buy now while the market’s quiet, sell into the hype when the drill season news flows. Long-Term Holders: This is your chance to buy the dip and hold for the big picture—Storm’s economics are solid, the project is scalable, and copper demand is only growing.
What do you reckon? Are you stacking up now or waiting?
All in my opinion!!!!
AW1 Price at posting:
6.7¢ Sentiment: Buy Disclosure: Held
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