ERW 6.41% 7.3¢ errawarra resources ltd

Ann: Errawarra - Ground Reconnaissance Continues at Andover West, page-14

  1. 957 Posts.
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    Are they selling it totally or just a large portion of it? They seem to be doing that with a lot of tenements which are prospective for battery metals. Letting others spend the cash on exploring it while they focus on gold. It also would might give them leverage to buy back back if it becomes profitable. It's a very shrewd way of doing business.

    The market is very impatient. Humans these days are looking for instant returns that just keep going up. If ERW find something then they may be ripe for M&A by the big players, possibly AZS, and would be a good investment for current holders.
    Last edited by ScoreSample: 12/10/23
 
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