ERW 3.03% 6.4¢ errawarra resources ltd

ERW Errawarra : The Waiting is Killing Me But Worth It, page-3

  1. 135 Posts.
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    AZS hit nickel in "every single anomaly " they drilled into next door and that line of obvious anomalies extends directly into ERW's abutting tenement.
    AZS hit a MC of circa $350m following their initial hit.
    If ERW does hit Nickel (and y now lithium potential) - AZS who are not finding as much as they hoped overall will likely want to pair up to jointly develop the site.
    ERW has 3.3 million cash enough to do the exploration required.
    ERW has a very small Market Cap and low shares on issue so could jump a lot if results are positive
    and jump crazy amounts if we start getting sniffs of a lithium region…
 
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