There is no bottom. Aw1 is looking at least 3 years before earning any income. Plus the difficult location and average drilling results thus far. They claim its easy to mine and ship out dso from the artic circle. Dont insult our intelligence. It has to be at least 3 times more expensive to operate in the artic circle. Look at their drill costs per metre vs drill cost of normal canadian miners.
imo aw1 still does not have an economic resource. They need a hell lot more copper 400000 tons of copper at 1% to be exact.
This is what happens when management provides a timeline and extends it for 2 years. Punters vote with their money by exiting. The penny has dropped.
pea was promised in early 2024. Dfs 6 months later. Dso in 2025. Now they are saying dso in 2027. With their record who know?
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