They can't even be bothered to put out a exploration update....or they are FOS. Cant lie on an ASX Ann.
Bad bits - Management
George spends his time elsewhere as well like Tom. GRE and ARV. These Karratha boys are so intertwined ERW, ARV and GRE should all merge. That would be a ton of land around AZS area.
ERW is the red headed stepchild it would seem.
Tom had drilled 3 holes in ERW history - in 4 years. I'm in a Goldie called GBR in comparison they have in 2023 alone; 1000 Auger holes 126 Air Core 114 RC 5 Diamond Holes
I listened to a interview with him on GRE and he aluded to "why ruin a great project by drilling". Well that's my take on what he said. What he really meant was he's methodical prior to drilling. Well he hired Newexco to locate those 3 holes in any case. He's so methodical he sub contracts the work (Newexco are nickel experts so logical..) or never drills.
Good bits - geology and land
extremely good land - it's got the goods I'm convinced Nickel potential is still there on trend from AZS (1km) Lithium is all around us - AZS and RDN (2-4km) can see the pegmatites from google earth Graphite - very very high grades for when it turns Gold - both projects have gold anomalies REE - potential but don't know much about it
Just time until Tom or hopefully someone else can get this moving. I dont think hes a bad geo at all, just a poor MD....which many geos are...
Calling a update next week. ZZZzzzzzz
ERW Price at posting:
3.8¢ Sentiment: Hold Disclosure: Held
