AW1 0.00% 11.0¢ american west metals limited

Mining Resource Estimate - SP and Timing Predictions

  1. 2,673 Posts.
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    Hi fellow holders, I thought it would be fun to have a prediction thread for the forth coming Storm MRE. We have an expectation of second half of January for the announcement. I am expecting a TH prior with release the following day (or even same day). The main area of Storm to be included is expected to 4100N without the 600m extension drilled at the the end of last year, but should also include 2200N and 2750N and not expecting anything else - that is my understanding. Dave has, in his broadcasts, indicated 30 to 50Mt Ore, this is in line with my estimates and should lead to a very significant sp rerate thats well overdue. Cut off grade will be key and as we have see, average grades between 1.5% and 2.15% can be expected.
    So my prediction is for TH next Friday with a release on Monday and a rerate to 45c by eod.
    Place your bets and whatever happens - lets enjoy the ride.
    Big Storm coming - GLTH
 
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