AW1 3.57% 13.5¢ american west metals limited

Good summary Stezza. A couple of minor clarifications and some...

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    Good summary Stezza. A couple of minor clarifications and some additional info:
    1) The Yellowknife fires brought drilling to an early end and also forced the relocation of one lab. Though the overall drilling target for the season was met minus just a handful of meters despite the time lost.
    2) It sounded as though the Indium JORC will be late this year, perhaps Nov, which will roughly coincide with the Storm JORC.
    3) Yes, capital raise at current SP not attractive but Dave said the company is big enough now to debt fund if they needed to. However there's no immediate need as they have roughly enough in the bank to cover next year's drilling programme - though there will be other expenses along the way (which I guess is code for working towards starting DSO).
    4) Sounds to me like DSO will be running in 2025. The JORC for storm (ETA Nov 2023) is the launching pad for the regulatory processes. As posted in the TA thread, the results of this year's drilling season mean that the capacity of the plant, when the design it, will quite possibly be larger than was estimated previously.

    As I've said in posts before, the amount of copper just keeps on increasing... Storm aside, we have Thunder, then Lightning Ridge and Tempest... all will be in-scope of next year's drilling programme.
 
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