AW1 6.90% 13.5¢ american west metals limited

Ann: Trading Halt, page-151

  1. 10,228 Posts.
    lightbulb Created with Sketch. 2797
    There has been NO significant copper discovery since 2014 believe it or not despite a lot more money having been thrown at exploration over the past few years

    https://hotcopper.com.au/data/attachments/5473/5473414-0809279e3539bfa6dd8a939e2deec425.jpg

    "Elevated copper exploration budgets over the past several years have not led to a meaningful increase in the number of recent major discoveries. While the volume has increased by 50 million tonnes compared to our analyst last year, most of the increase came from assets that were discovered in 1990s."

    As you can see in tis schematic, we have found sweet FA since the 2014 Ivanhoe Mines' Kakula discovery in the Congo of all places

    https://hotcopper.com.au/data/attachments/5473/5473413-85a735adc14e1b1379d6e313bc8e90e4.jpg
    The world is screaming out for a new major copper discoverywink.png

    https://www.spglobal.com/marketintelligence/en/news-insights/research/copper-by-the-numbers-exploration-development-operations

    You can bet your bottom dollar the majors will be all over this if it's big!
    Last edited by Glitterati: 01/08/23
 
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