AW1 0.00% 11.0¢ american west metals limited

Ann: Trading Halt, page-218

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  1. 10,465 Posts.
    lightbulb Created with Sketch. 1050
    I think you will find there has been a ewthink in the approach. What was meant to be a dso focus with a basic dd followup to St 22 was expanded to a larger drill program after milf discovery. However, the interest in aw1 has surged to such an extent where they had difficulty in raising at 5c but it is oversubscribed at 14c and 19 c respectively. It meant they are basically getting cash ready so that the dso program can be developed along with an extensive drill program. So the narrative and sentiment has changed dramatically. I'd rather management take the punt and back themselves that drag this out and find they need money during winter.
 
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