Jithubqueen7, your comments reflect deep dissatisfaction with...

Jithubqueen7, your comments reflect deep dissatisfaction with AW1’s transparency, financial stewardship, and prioritization of shareholder interests, along with distrust of its relationship with brokers.

I get where you’re coming from – some of your concerns, especially around transparency and shareholder rights, are valid points for any investor to consider. The lack of information on prepayments does indeed raise questions, and I’d say more clarity would benefit everyone invested.

As for the handling of funds and credit stability, prepayments might sometimes be necessary to secure key & specialist resources (array of camp & drilling support staff, professionals, exploration drillers - all on contract rates) or equipment (ship charter, aircraft, helicopter & drilling equipment) due to remote operational challenges, especially with seasonal constraints in regions like Nunavut. Also, how big is next year's exploration program, inflationary costs may have now caught up with the contractor? Consider changing exploration contractor to save money, well good luck they have all the skills and productivity now so you may as well bite the bullet and accept higher costs. That said, your points on cost efficiency and accountability for expenses are totally fair, and I'd personally like to see more precise breakdowns on drilling costs and contractor fees as well.

Comparing AW1 to SFR can be useful, but as you noted, the challenges here – including the permitting process and geological conditions, financial market lending environment – are pretty different. That doesn’t excuse AW1 from being proactive, but I see their approach as somewhat conservative to avoid diluting shares further or taking on avoidable debt. Still, holding management accountable to realistic, time-bound goals is something we all want.

On the lab assay delays, I believe those sometimes relate to industry-wide backlogs during the peak drilling period or capacity issues, rather than an issue with AW1 alone. However, it's not unheard of 60-90-120 days payment periods for some companies paying purchase orders. I understand that frustration, though, since we’re left waiting on info that directly impacts our decisions. If Taurus forced AW1 into a cashflow crisis by delaying their payment settlement period, then it does not reflect well on their long-term financial relationship. Might explain the new Resolution 11- Takeover provision for the AGM.

To address your concerns directly, have you thought about drafting a request with specific questions for the next AGM, less than a month away!!!! Group questions on financial transparency might carry more weight and could compel management to disclose more.

Let’s keep the pressure on to make sure our voices are heard and that AW1 stays on track.

Note; Dave is off to Europe in November (for business), gone are the days of Webex or conference calls to achieve the same outcome.