AW1 american west metals limited
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Ann: Quarterly Activities and Cashflow Report, page-31

  1. serevi
    361 Posts.
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    31/10/24
    14:20
    Post #: 76399839
    Mysterious Pre-payments for 2025 Drilling Program

    I cant find it anywhere in the disclosure documents. My take is that it does not exist. Dave says the sealift will save $4m in transport costs in 2025. Dave seems to count this as a pre-payment for 2025. Prepaid expenses is an asset which should be listed in the financial statements. Economic effect is the same but its technically not a prepayment, its a future saving.

    Someone please email Dave and get him to confirm.
    AW1 Price at posting: 7.3¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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