Andrew Forrest recently tried to grab the permit for AW from ERW on a technicality - but failed. We can see why he wanted in!
More recently I'm told (?) Mark Creasy who still 40% of the Andover tenement, plus stakes in AZS and GAL, offered to buy into ERW - an offer that I'm told was declined.
Then there is Newexco : they have a big track record of success and don’t need a failure to blot the copybook. I doubt they be doing this with ERW if they didn't think it was rock solid.
ERW Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held
