Ann: Market update- Rights issue , page-26

Cant believe people are selling this down, if they can secure funding and own these assets it is a MASSIVE company maker..
There has been a lot of negative talk about this stock as it has been in suspension for quite some time etc but these are serious assets, similar in grade to Sandfire and much larger in scope and size. Drilling done to date is Chinese and cant be used for JORC but follow up drilling and recent drill results will be released soon to confirm. The major sticking point is funding but if there is even a hint that a major offtaker is talking to them re funding which they would be or AIW wouldn't enter into such an agreement (the ASX wouldnt allow them to just put out completely un-achievable targets as they have been burnt before) then this will go bananas.
The other point is one of the mines is already in production and doesnt need much work for current production to be lifted significantly.