WCE west coast silver limited

Ann: Errawarra - Heavily Oversubscribed Placement Closed Early, page-51

  1. 3,644 Posts.
    lightbulb Created with Sketch. 1036
    Good find. I'm not in AZS but sure wish I was. I've been saying to myself it's too expensive since it was 200m MC lol. A geo mate of mine told me 3 years ago to buy AZS when they only had nickel. Stupid me...

    AZS Target 1, 2 and 3 i think could all fit in ERW Andover West. Demonstrates the potential for tonnage in that "small" area. I might try and do that and post it when I have time.

    the huge land area ERW has south on AZS has historic gold and nickel targets but unsure on lithium potential. We got to 30c on the run up to last nickel drill, without any lithium potential at the time.
    https://hotcopper.com.au/data/attachments/5573/5573333-f2c119e6b748699874fe169ac3b2f6d1.jpg


    The key thing here is our MC. There isn't another player with the same potential at our MC.

    For a 10x

    ERW - 12m to 120m
    RDN - 85m to 850m
    AZS - 1.2b to 12b
    GRE - 30m to 300m
    ARV - 62m to 620m
    SBR - 15m ro 150m (I don't know them)

    harder to bag as MC gets higher.

    There's more to it of course (other plays for the MC).
    They just need spod confirmed to join the race. Then theres the nickel or graphite that could be spun out if successful.

    I think we'll get an announcement this week. 5m in the bank time to drill.

    Would love to hear contrarian speculation.



 
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