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1.22% 8.3¢ errawarra resources ltd

$1.51m on hand at the end of March. Would seem crazy to raise...

  1. Aldo2316
    135 Posts.
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    23/06/23
    11:55
    Post #: 68435662
    $1.51m on hand at the end of March. Would seem crazy to raise prior to announcing rock chips. They are geo’s so would be unusual if the rock chips didn’t come back positive given they know what lithium looks like!

    Surely they will do something similar to GRE and raise $1m or so to assist with drilling at a premium to current levels.

    we are significantly closer than GRE so why would we not run to $30m - $40m MC after rock chips ann?! That’s 50c - 60c for us.
    ERW Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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