Grade (%Cu) is "King" or percentage of copper metal units in a tonne of ore is a good starting point.
There are a couple of other things that need to be tacked on to make a project economically robust, depends on your appetite for risk as to how many you take a gamble on and get in early onthe vast majority of successful copper projects are however low grade large scale porphyries but I get your point !!
So when are you buying AW1?
I came here looking, still looking, it's certainly prospective if one believes what's potentially there. I'll wait until early next year before considering opening the wallet. Copper is in such short supply and the turnaround to get a mine up and running is 15 years plus (DSO potential for a few years aside for AW1) and there's bugger all starting the 15 year+ process. For that reason copper could miss the next down cycle as it'll still be in shortfall no matter what, that's according to every forecast. There 25Mt copper produced including ~5Mt recycled. There's a Mt shortfall per annum each and every year going forward, regardless copper demand traditionally doubles every 25-30 years.
All most of us have to go on with early stage exploration companies, in this case as to how prospective Storm is, are comments from those with an interest, media, brokers reports, and TU who's been around Storm for more than a decade.
That's as positive as I can ever get when it comes to stocks![]()
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american west metals limited
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Last
3.8¢ |
Change
0.002(5.56%) |
Mkt cap ! $28.29M |
Open | High | Low | Value | Volume |
3.6¢ | 3.8¢ | 3.5¢ | $136.2K | 3.777M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1307911 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.8¢ | 219999 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1307911 | 0.036 |
10 | 905637 | 0.035 |
9 | 1529635 | 0.034 |
5 | 253905 | 0.033 |
1 | 700000 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 219999 | 2 |
0.039 | 468313 | 4 |
0.040 | 990000 | 3 |
0.041 | 792500 | 4 |
0.042 | 27381 | 2 |
Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
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AW1 (ASX) Chart |