AW1 4.00% 13.0¢ american west metals limited

When this stock hit 37.5 cents its market cap was ~$192mil and...

  1. 23,287 Posts.
    lightbulb Created with Sketch. 1302
    When this stock hit 37.5 cents its market cap was ~$192mil and if you applied the risk %'s outlined a couple of posts above then @ 10% the NPV would have to come out at $1.934 Billion or @ 20% risk the NPV would have to be $967 mil

    That's a helluva NPV for 4 holes drilled... it may have curbed some of the enthusiasm.

    I would never buy a stock first up after a really good ann. If I held a stock I'd probably sell some into a really good ann and hold the balance. Remembering the August ann was the last bit of major news for some 6 months+ and I notice that was mentioned by a couple of posters who suggested to sell and they got a shellacking for their sheer effrontery

    It's a funny old game at the junior mining table.

    Copper going ballistic!
 
watchlist Created with Sketch. Add AW1 (ASX) to my watchlist
(20min delay)
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
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
AW1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.