Owning shares in American Tungsten was projected to be a reasonable financial decision, driven by strong exploration results and a rising tungsten market. However, I, like many shareholders, have been continuously disappointed by the company's management and board, who seem oblivious to the concerns of the investors and the real potential of our assets.

Our company has been plagued by repeated delays in anticipated milestones, eroding shareholder confidence. The executive team has yet to provide a robust explanation for the capital allocation or a clear plan for development and financing. Consequently, our share price has suffered greatly, showing painful declines, inconsistent with the thriving tungsten market. These consistent failures demand urgent attention and decisive action from the board.

Firstly, a comprehensive review of the CEO’s performance is imperative. We need to understand whether our leadership is capable of steering the company towards success or if it is time for a strategic change. This review should include precisely defined metrics to assess effectiveness and ensure accountability.

Moreover, the board must provide a detailed timeline for the Preliminary Economic Assessment (PEA), explaining past delays and offering assurances against future ones. Alongside this, clarity on the current and future capital allocation is essential to understanding if our resources are being optimally leveraged or squandered.

There needs to be a robust, detailed development and financing plan that aligns with shareholder interests and market opportunities. Such a plan is crucial not only for restoring investor confidence but for the overall viability and growth of American Tungsten.

Finally, we demand a firm commitment from the board to remedy any failures to meet agreed-upon milestones. Replacing ineffective management must be on the table to ensure the company's prosperity and safeguard our investments.

Our voices, as shareholders, must be heard and respected. It is only through collective pressure that we can influence the board to prioritize accountability and transparency. Join us in demanding the necessary changes for the future of American Tungsten. Sign this petition to ensure our investments get the attention and respect they deserve.