Its the market cap which makes ERW a play. Sure its a spec play but given proof of Li fertile pegs at AZS and GRE the chances of same on ERW ground are fair to good.
For comparison look at the companies on the TiTree trend in the Gascoyne region - VSR - SUZ - DLI - RR1 - MI6 - AUG - all have pegs and most have proof by rock samples and two have drilling success, one massive. This provides evidence that Li regions are extensive and therefore nearology is a positive indicator.
Downside of ERW is supporter by the graphite. Research BUX for evidence.
Disclose holdings across most of the Companies quoted. DYOR.
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Last
6.4¢ |
Change
-0.002(3.03%) |
Mkt cap ! $6.138M |
Open | High | Low | Value | Volume |
6.3¢ | 6.5¢ | 6.3¢ | $918 | 14.40K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 819 | 6.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.0¢ | 45000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 819 | 0.064 |
1 | 24269 | 0.063 |
1 | 25000 | 0.062 |
1 | 50000 | 0.061 |
1 | 16166 | 0.060 |
Price($) | Vol. | No. |
---|---|---|
0.070 | 45000 | 1 |
0.075 | 68000 | 1 |
0.077 | 10000 | 1 |
0.079 | 20099 | 1 |
0.080 | 110000 | 2 |
Last trade - 14.32pm 05/09/2024 (20 minute delay) ? |
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ERW (ASX) Chart |