the next Taurus tranche is peanuts in the scheme of things and AW1 are unlikely to qualify for the second tranche until first drill results from next year’s drilling which is likely July. a 4 to 5 month drilling season is tough.
the next raise mightn’t even get them through to the next Taurus funding… the longer they leave it, if it’s by choice, the worse for shareholders like yourself given the market’s negativity.
it’s conceivable they could be screwed for a raise at 6 cents, Northern Winter adds to their woes and they’re trading in the 5’s… if the market continues to be negative towards AW1 it could be worse!
I'm looking forward to an Arne interview which might clear things up
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