ERW 1.59% 6.4¢ errawarra resources ltd

The irony here is that ERW’s Market Cap at 6m is now...

  1. 73 Posts.
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    The irony here is that ERW’s Market Cap at 6m is now ridiculously low. ERW is arguably worth more that as a shell let alone with NiCu, Lu, REE and Graphite potential at AW and Errabiddy. Such is the lack of vision, preparedness and action of our board ….

    But how can we objectively assess value when such information they do give out is mostly a rehash of old news and references to what others are doing nearby without giving any hard insight into what ERW itself is doing. Cash at 1.5m at end of Q1 at least gives a bit of time. Just as well because I don’t see any prospect of a successful cap raise whilst investor sentiment is so poor.

    anyway watch this space for a new “Time for Change” thread if there isn’t soon some progress or communication.

 
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