AW1 14.3% 12.0¢ american west metals limited

Mark Bennet T20's AW1, page-10

  1. 1,298 Posts.
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    Exc article with the following highlight.

    "Now, rather than unnecessarily issue stock and dilute shareholders we try and monetise assets that we think aren’t going to be company makers".

    “We had a 250,000oz resource at Polar Bear, but that’s not what our shareholders are in S2 for, so we sold it to Westgold for $9 million.

    This means we can deploy cash where we think the big wins will be, without perpetually going ‘cap in hand’ back to the market.

    This is exactly what AW1 should do with West Desert once they can confirm what those deep anomalies actually are at Storm and else where.
    Copper will be the company maker for AW1......certainly wont be zinc.
 
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