AW1 0.00% 11.0¢ american west metals limited

Ann: Trading Halt, page-93

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  1. 3,202 Posts.
    lightbulb Created with Sketch. 1039
    No doubt that will be the case, although I will wait until Dave puts a capex figure in an announcement before I believe it. Lots of promises made in places where they never see the light of day again.

    That goes to my point though about absence of strategy - it seems it hinges on low barrier to getting up and running and low-cost operations after - so why release a small MRE to the market (late) without a PFS that shows the economics are attractive? No coherent strategy. Not doubt they were surprised again by the sell down. They need to do better.

    DSO is years away. Have they started any baseline studies? I see they are talking about studies for WD - why burn cash there?


 
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