Ann: Trading Halt, page-199

One needs to keep in mind the window available before the snow kicks in. Everything needs to be done in the next 4 months before the snow kicks in and then hibernation for 5 months until end April. Management has learned their lesson of not trying to have to raise money in this period as lack of interest results in a sp depreciation. So if one wants to be aggressive with drilling campaign to fulfil goals, cash has to be raised as drill rigs need to be booked and mobilised. So this is an extremely prudent move. Unlike sandfire, aw1 doesn't have the luxury of time due to the climate and any delay will mean all works get stopped for 5 months. Yes it appears haphazard but the interest in the stock is increasing and the plans have shifted to be extremely aggressive.