AW1 Technical Analysis, page-20

I agree with everything except that the market needs confirmation of the Monster (deep drilling). ....

The monster was always a bonus albeit a to the moon and back bonus.

There is currently a massive shallow deposit being proved out across 4100 plus additionally 2750 and 2200 zones ( where previous intersects included 41m x 4.18% Cu from 38m. All this is infill drilling and shallow resource expansion drilling is toward a JORC that will focus on proving up the viability of a DSO operation... just the shallow Cu

All the recent rc drilling and visuals and assays are infill and based on what they have already verified and awaiting further assays.... it is already a ....quote Dave O'Neill ...."Whopping amount" of Cu.

Completely separate to this "whopping" shallow resource is the .....quote Dave O'Neill ...."Motherload" that just happens to sit underneath the "whopping"

"Motherload" has only been brushed by a single deep hole last year but that was because last year was a best guess.

Some time in July the diamond drill boys are going to use all the recent gravity survey visibility ( recent announcement) to put down a deep hole. And yes we pierce the Motherload and prove the gravity survey accurate ... then 2 things
1) we will have to do a whole lot more deep drilling to prove out the total volume and extend of the Motherload
2) the market will send our SP to Mars having bypassed the moon where the shallow "whopping" resource already proven out will have taken us

Summary
Next assays prove shallow "whopping"
"whopping" shallow JORC later in year
"whopping" JORC = High margin DSO operation on shallow resource
= funding Motherload resource definition via diamond drilling
= further shallow (Tempest/Typhoon ) rc drilling for addition DSO targets
Only thing left to verify that shallow is "whopping" is remaining infill assays from 4100, 2750 and 2209
SP to the moon if those come back like previous ones

1st of the season diamond drill into Motherload ....if visuals much less assays come back good
= majors swarming AW1
= INSTOs swarming AW1
= global prominence and eyes on AW1
= SP being ripped off the moon and dragged kicking and screaming ( in joy) to mars

Strap in

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