AW1 1.08% 9.2¢ american west metals limited

Ann: Storm Copper DSO Potential Confirmed, page-36

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  1. 10,698 Posts.
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    Yes mate, that's what we see on current available facts - looks great, and I'm sure it will be. But before I mention a figure I'll wait for the Scoping Study which will probably be soon.

    The stated purpose of this ann is to provide confidence that the long touted DSO is supported by sound metallurgy and engineering studies.
    Yes there is also enough there that we can have confidence at a high level that it will be profitable and surely pay for ongoing development and exploration of Storm, and also (most important of all) that it will be easily expandable as MRE grows.

    IMO that is enough for a steady rerate of the SP back to '23 levels and that's all I want. I dont want to see it pumped on big profit figures too much higher than that. But dyor and c.f. with current Cap and EV.

 
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