ERW 6.67% 8.0¢ errawarra resources ltd

ERW Errawarra : The Waiting is Killing Me But Worth It, page-2

  1. 73 Posts.
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    And I believe there is Lithium all around the ERW Andover West tenement. Why see below,

    Azure (AZS) announced on 19th October their Lithium find which (along with new Nickel/Copper finds) helped drive AZS share price up from 22c by around 30% taking Azure's MC over $88m. This by the way is 7-8X higher than ERW's ($11.8m)...!!!!!

    the following photo of ERW's AW tenement shows significant white areas which resemble Pegmatites (obviously confirmation of this is needed via drilling and assays etc). The important thing hers is that Pegmatites are indicative of Lithium

    https://hotcopper.com.au/data/attachments/4780/4780817-ef779bc654ee720a7936aebe8d1ad758.jpg


    And next is a satellite image of Azure's tenement which also has white areas which resemble Pegmatites although smaller. So since Azure has already announced its Lithium find, its not unreasonable to speculate that ERW Pegmatites are also indicative of Lithium. And considering ERW's white areas are larger, ERW conceivably could have more than Azure.

    https://hotcopper.com.au/data/attachments/4780/4780820-285a698384fe6b834e727dd262e4784f.jpg

 
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