Apart from the low risks to the existing defined resource, Storm is unusual in that electromagnetic surveys have been used with 100% success rate so far. To put it another way, all the evidence so far is that there are no other magnetic minerals (oxides) to inhibit (confuse) the identification of the copper sulphides we are after by electromagnetic surveys - which are much cheaper and faster than drilling. This means future exploration with the drill bit likely to have a a far better hit rate than many other deposits would. Future drilling targets at storm will be based on the EM surveys which have proven highly accurate - and there are numerous other targets that have yet to be drilled to any significant level. The probability of resource scale increase is therefore very high - as I for one, fully expect to see after drilling resumes in March/April. If us Aussies don’t wake up to this soon, it will be our loss. All IMO.
- Forums
- ASX - By Stock
- AW1 General Chat
Apart from the low risks to the existing defined resource, Storm...
-
- There are more pages in this discussion • 1,259 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AW1 (ASX) to my watchlist
(20min delay)
|
|||||
Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $69.88M |
Open | High | Low | Value | Volume |
13.5¢ | 13.5¢ | 13.5¢ | $105.7K | 783.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 995000 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 7000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 995000 | 0.130 |
19 | 912880 | 0.125 |
15 | 962223 | 0.120 |
4 | 420000 | 0.115 |
8 | 688378 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 7000 | 1 |
0.140 | 388717 | 5 |
0.145 | 780926 | 6 |
0.150 | 517714 | 8 |
0.155 | 455816 | 7 |
Last trade - 11.45am 30/05/2024 (20 minute delay) ? |
|
|||||
Last
13.5¢ |
  |
Change
0.000 ( 0.00 %) |
|||
Open | High | Low | Volume | ||
13.5¢ | 13.5¢ | 13.5¢ | 442964 | ||
Last updated 12.20pm 30/05/2024 ? |
Featured News
AW1 (ASX) Chart |
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online