AW1 General Chat, page-3092

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Bluegumnuts

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27/05/24

06:48

Post #: 74017226
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Originally posted by Bunn-Wackett: ↑

yeah, he did mention the 'sugar hit' which will probably turn out to be 'sell the news'

What you picked up from the RUI conf 7-9May24 was he actually said----"we could have done a PEA based on the existing mine which is the 200,000 of copper but we said you know this thing if we can hopefully double this thing in the next year or two then that’s the project we want to permit" So they want to do it properly, the next year or two takes us to the middle of 2026 then to come, as Dave has said is to assess data, compare, validate it and publish it in line with ASX requirements. He also asked for patience because it does take time (Battery Commodity Dave O’Neill 14May24).

Then the PEA needs to be completed which should give AW1 a decent re-rate if it's as solid as it's made out to be, but that mightn't be until sometime in 2027.

Then the Canadian government will take how long the Canadian government takes to provide a mining permit, a good couple of years probably, then there's construction, commissioning and finally production.

Dave has also mentioned it's 10-20 years (exploration)... now that's a good project if it gets up but late next year looks like the timeframe when they'll have enough drilling under their belt so they can start analysing the data to firm up the resource IMO, so that's a start and it's when a re-rate should take place!

We need a timetable to production!

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also shows the team in the ground in their season they actually work lol

AW1 Price at posting: 13.0¢ Sentiment: None Disclosure: Not Held
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Last 13.0¢		Change -0.005(3.70%)		Mkt cap ! $67.29M

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0.130	3234	1
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AW1 General Chat, page-3092

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AW1 General Chat, page-3092

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