We are seeing an implosion of the market cap in slow motion....

We are seeing an implosion of the market cap in slow motion. Glad I sold my 1.82m shares when the sp was at 6c. Used the proceeds to buy more Canada Nickel, which turned out to be a good decision

Problem for ASO is that the erosion of mc severely limits their ability to raise the funds necessary for further development after the Scoping study. There seems to be no bottom, and I would not consider getting back in.

Meanwhile the spreads have become prohibitive. When I bought around 12 and sold around 6c spreads were between 2 and 10%. Now with the extremely low sp the spreads have gone as high as 50 to 70% at least here in Germany. A stock consolidation is necessary, maybe a 10 : 1 reverse split.

Keep watching ASO. Maybe will invest again, but a lot has to change until then.