AW1 14.3% 12.0¢ american west metals limited

Ann: Bonanza Copper Hits and New Discovery at Storm, page-323

  1. 5,766 Posts.
    lightbulb Created with Sketch. 1836
    You make a very good point.

    I note from the last quarterly (below) (So the Feb CR funds are nearly spent.)

    From yesterday's announcement.
    • Assays for the outstanding drill holes are still pending and will continue to be received over
    the coming weeks. (More of the same results?)

    So am I right in assuming that the issue is straight forward ... the market is questioning the stock price relative to the concern that there will need to be another funding round to advance to drilling at depth - next season?



    https://hotcopper.com.au/data/attachments/5564/5564688-70a1f4300d891e1ff5c9b259cbd88126.jpg

 
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