ERW 3.85% 8.1¢ errawarra resources ltd

Ann: Errawarra - New EM to Target Ni-Cu at Andover West, page-45

  1. 10,294 Posts.
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    I agree. My critical metals plays are Cu Ni Li and graphite. So ERW has all four of those. But unproven as yet - hence a M.Cap in the 10m to 20m range.

    The Ni, Cu recent drilling was only of a scout nature - plans now to follow up new deeper conductors are the next step forward. The Li also is early stage, but I reckon they need to take samples from all the pegmatites on the tenement and assay for all likely minerals (including Niobium).

    Its the graphite which gives me most confidence - I have held BUX, mainly for its graphite for some time, the material is high grade and can be processed to high purity. Tests underway in Germany atm will prove whether Graphite Bull graphite can be spherodised for Li Ion anodes.
    ERW is right next door and the structure continues into their tenement - huge expectation that it graphite there will be top draw. And it will be worth a lot of money, being one of the supply critical materials.

    Let's watch and buy the dips - GL all. Not advice, OK?
    Last edited by JandJ: 16/06/23
 
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