AW really doesn't need funds for sometime to come, with 4m in the bank, this will fund quite a lot of drilling, the next quarter will see low expenditure until drilling starts around late April/May. The sp is expected to rise once some of the assays come back given the results from last year, and if (big if) a CR is needed then so be it, no exploration company runs on thin air, this is the business and we holders know this.
Your comments on the copper price should look at the wider trend over the past years, yes short term there has been a small fall but look at the wider picture, copper is not going down at all!!!
I see you are another non-holder - if you want in, this is probably the best entry you will get - but take a closer look at the fundamentals before down ramping further - this is going to be a Tier 1 Copper company. GLTH
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1 | 98541 | 0.093 |
4 | 154788 | 0.092 |
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Price($) | Vol. | No. |
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