AW1 4.00% 13.0¢ american west metals limited

Agreed - it has already been concluded (by holders and by...

  1. 10,247 Posts.
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    Agreed - it has already been concluded (by holders and by Company comment) that DSO would be economic. I think that is a given.

    What has happened since is that there are strong indications that Storm is much bigger than was known then and that rather than fuss with DSO it may be better to prove up a bigger MRE and do the preliminary economic studies on the whole Storm deposit. I expect at the end of this summers campaign an economic Storm will be the new given.

    The vast other surface outcrops will be the temptation to continue exploration into future years.
    And the discovery of at least one of the indicated deep (feeder?) deposits will change the landscape yet again.

    There is one vital factor to weigh in (it is my own judgement) there will not be the heavy sell off of AW1 into the 2024 northern winter - by then oppies will have exercised and after a bit of profit distribution the stock will be tightly held, and the talk will turn more towards the possibility of corporate action.

    GL all holders - and a pox upon non holders who do not do DD before they mutter.
 
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Last
13.0¢
Change
0.005(4.00%)
Mkt cap ! $67.29M
Open High Low Value Volume
12.5¢ 13.5¢ 12.5¢ $131.3K 1.025M

Buyers (Bids)

No. Vol. Price($)
2 243565 13.0¢
 

Sellers (Offers)

Price($) Vol. No.
13.5¢ 363322 8
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
AW1 (ASX) Chart
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