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2.53%

7.7¢ american west metals limited

also you gotta remember the DSO test was on 200 grams of copper

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gizard

22,703 Posts.

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10/07/23

15:20

Post #: 68710204
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Originally posted by JustaddFunk ↑

Decided to do another update based on the info in Glitter's post - which stated a range of mining costs between $5-10 per tonne. So I substituted the previous $5/tonne with $10. I also upped the waste rock volume to allow for 50m of extra width to allow for stoping - i.e., the mined area would be 1.3km x 350m wide, wider than the ore body dimensions of 1.3km x 300m. Crude, but better than being accused of being a ramper! The net value to AW1 drops from about 2.2B to 1.5B AUD. That's still assuming 85% recovery and ignores the motherlode below, as it did previously. Side effect: When you've finished mining all that, you're closer to the motherlode! If someone can estimate the waste rock volume more accurately pls let me know. Otherwise, take $1.5B, add it to the current market cap and you get $4 a share - by my non-expert estimation. DYOR.

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also you gotta remember the DSO test was on 200 grams of copper

AW1 Price at posting: 16.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 7.7¢		Change -0.002(2.53%)		Mkt cap ! $45.82M

Open	High	Low	Value	Volume
7.9¢	8.0¢	7.7¢	$74.85K	943.8K

Buyers (Bids)

No.	Vol.	Price($)
1	11500	7.7¢

Sellers (Offers)

Price($)	Vol.	No.
8.0¢	31313	1

View Market Depth

No.	Vol.	Price($)
1	11500	0.077
2	128095	0.075
1	90000	0.074
2	157247	0.073
1	400000	0.072

Price($)	Vol.	No.
0.080	31313	1
0.081	82623	1
0.084	30000	1
0.085	6300	1
0.086	112921	2

Last trade - 15.22pm 13/11/2024 (20 minute delay)

AW1 (ASX) Chart