AW1 General Chat, page-2692

Not in those words exactly but I watched one from him a few weeks ago where he went into more detail about how these TSX companies have abysmal returns with the capital allocated to them (because they don't do shit with it often) and don't deserve it (on average), amongst other issues. He was highlighting how depriving them of capital is a good thing, while in the ASX even the worst mining companies still somehow manage to raise and stay afloat.

I like the argument that capital should be more generously given towards companies that deserve it. The companies that waste money on excessive admin should be deprived of capital. Development needs to be incentivized and imagine how much more could be discovered if at the bare minimum, it was given to companies who drill with it.

I agree, AW1 is nothing like this. People have complained about management here before but trust me, this is nowhere near a lifestyle company. Money gets spent on drilling aggressively which regardless of outcome is exactly what you want as a shareholder.