So looking at the last 12 months, AHN has Credit raised $2m + $575k + $580k = $3.155m plus what they already had in the bank.
The financials below are showing at end of the year 30.6.2023 they had $1.436m - so expenditure of at least $1.7m since the CR of 11.10.2022
We are yet to see the PFS, yet to see the mentioned drilling from the Jan 25 ($2m) CR and the exploration as covered in the presentation from June.
Whether you are a heavily invested shareholder or a very small shareholder these are the things we need to be mindful of here and especially on the back of the warden report.
If they had $1.4m at the end of June 2023 they will have a lot less now. Where are they spending it? Where is the drilling and exploration reports and to spend around $2m in a year plus what they already had in the bank last October 2022 prior to the CRs. I like the region and the project a lot but where is the money going and for all investors where is the open dialogue about what is happening with your money. It's your company.. You own the shares in it.
