AW1 7.69% 14.0¢ american west metals limited

Let's talk DSO

  1. 182 Posts.
    lightbulb Created with Sketch. 724
    Wanted to start a thread dedicated to discussing the DSO operation.
    The current rc drill program is infill drilling the 4100 zone to establish a Jorc compliant resource base.

    If a viable DSO op gets up it funds expansion drilling across the broader tenement ( and that is a huge Cu rich are). It also funds drilling deep for the mother ship.... and if the resource is big enough it funds a highly profitable business in and of itself

    Oh and it would clearly help fund West Desert and Copper Warrior

    So..... a whole lot riding on a viable DSO operation

    I will start the conversation with my estimate of what $ a DSO operation might generate

    Say 3 sorting machines @ 2000 t/day
    1.5% cu/t ore = 6000 t/ore @ 1.5
    90t contained Cu
    54t/ day recovered at 60% DSO recovery
    54t/ day at AUD $12,446 per ton
    $672,212 / day DSO operation
    Circa 41m ton ore in 4100 zone
    Sorting circa 2.2m tpa
    Circa 20 year 4100 zone mine life
    Annual revenue $245m
    Critical global Cu shortage within 5 year
    DSO expanded to 5 sorters within 3 years
    Resource expanded 5x across tenements within 3 with expanded exploration
    Within 3 years a $1.2B annual Cu operation

    The ore is there ... it's being proved out as we speak ... that's the whole reason for the current highly successful infill drilling program

    Thoughts?
 
watchlist Created with Sketch. Add AW1 (ASX) to my watchlist
(20min delay)
Last
14.0¢
Change
0.010(7.69%)
Mkt cap ! $72.47M
Open High Low Value Volume
13.0¢ 14.0¢ 13.0¢ $175.3K 1.321M

Buyers (Bids)

No. Vol. Price($)
1 9700 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 1019912 8
View Market Depth
Last trade - 15.29pm 07/06/2024 (20 minute delay) ?
Last
13.5¢
  Change
0.010 ( 3.85 %)
Open High Low Volume
13.0¢ 13.5¢ 13.0¢ 619055
Last updated 15.05pm 07/06/2024 ?
AW1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.