ERW 8.00% 11.5¢ errawarra resources ltd

Thanks @Truckhorn;They can't even be bothered to put out a...

  1. 3,128 Posts.
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    Thanks @Truckhorn;

    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

 
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