1. Limited exploration experience: Awale Resources Limited is a relatively new company with limited exploration experience compared to its peers. This may limit its ability to identify and develop high-quality mineral deposits.
2. Limited financial resources: The company has limited financial resources compared to its peers, which may limit its ability to fund exploration and development activities.
3. Limited portfolio of projects: Awale Resources Limited has a limited portfolio of projects compared to its peers, which may limit its ability to diversify its risk and maximize its potential for success.
4. Dependence on a single project: The company's success is heavily dependent on the success of its flagship project, the Odienné Gold Project in Côte d'Ivoire. Any setbacks or delays in this project could have a significant impact on the company's financial performance.
5. Limited market exposure: Awale Resources Limited has limited market exposure compared to its peers, which may limit its ability to attract investors and raise capital.
6. Limited operational capacity: The company has limited operational capacity compared to its peers, which may limit its ability to efficiently and effectively explore and develop its projects.
7. Limited access to infrastructure: The company's projects are located in remote areas with limited access to infrastructure, which may increase its operating costs and limit its ability to transport equipment and supplies.