AZS MC is 80-90M. ERW is $12m and don't forget they have $3.5m in cash !!
If we look around outside of ERW's tenement - they are surrounded by other companies (also GRE) and inn addition to NiCu there are emerging evidence of Li via pegamities (which as photos here should seem even more at ERW than at AZS)..
I believe ERW is so undervalued simply because ERW hadn't invested in any marketing until a week ago when I understand someone was loaned in from Sorrento to help. I presume that lack of Marketing Communications (MarComms) investment was down to the fact that they were awaiting heritage formalities to be completed (which I understand : had they invested a year ago in expectation of imminent clearances and permits they'd have wasted loads of money - but now things have changed).
ERW Price at posting:
22.5¢ Sentiment: Buy Disclosure: Held
