RE:Next news - 1> Financing 2> No Drilling in 2023 3>BankruptWhick What?... is it a candle or a stick of dynamite? For the love of some religious icon please use a dictionary...maybe spellcheck would be of some help... 1 at some point once things get proven up is very likely..and will be necessary to retain the 20%, not that the 2% royalties would be a bad thing 2 not so much and 3 highly unlikely as things are getting to the quick, tic tock the RC is arriving on the island soon if not already there.. drilling starts soon.. so AWM saying it won't drill? Total BS.. try again
schocor wrote: Whick of these three topic do y'all think will be the next news out of Aston?
1> Financing - aston has no money and needs some
2> No Drilling in 2023 - AW1 has abuot $5M AUD - not enough for their plans at Storm this year; do yuo reckon they just cancel teh whole program, or scale it back
3>Bankrupt - With no money and and a $5-600k debt to their CEO, I reckon he can take this company over at any time and vend the 20% of Storm to another explorco - or even back to AW1. Woudl NOT be good for existing shareholders obviously
I am betting on a financing. But it will be underwater and dilute existing hsareholders. Mah. You were all told.