AW1 3.45% 14.0¢ american west metals limited

AW1 news articles, page-19

  1. 2,573 Posts.
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    Very nice find @564xxl. - so they are talking about a resource of around 5bn of which AW1 will get 80% or 4Bn - thats Lbs copper - holy smoke! Please let me know if you agree based on their calcs on the Aston page.

    Volume: 200 x 2000 x 24 = 11,200,000 Ore cubic metersGrade: x 2.15 ÷ 100 = 240,000 Copper cubic metersWeight x 19,709 = 4,745,927,200 pounds Copper Price $U.S. x 4.285 = 20,336,298,052 $U.S.

    or 28,575,883,268 AUD
    Given recovery rates and ASIC - I have no idea where this ends up but its a lot of $$$ thats all I know.

 
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