Ann: Investor Webinar Presentation, page-45

With the share price falling and falling............
I searched all the news I could find on ESR. Searched everywhere for 5 hours... I finally gave up.. NO NEGATIVE NEWS TO BE FOUND.
Why is it happening I asked myself. We all know what is in the Pipeline for ESR...... do we not?

Maybe end of year Tax time selling for a a loss and buy back July 1st..... possibly but a bit early for that
I thought maybe Directors were selling... NO I checked, that was not true
Maybe ESR did not have Nickel at all but cabbages all along.... NO that was not true, seen the photos and lab reports.
Then I worked it out ..... it was IGNORANCE OF SHAREHOLDERS... YES STRANGE AS IT SEEMS BUT TRUE.

Why is the share price falling to .08.... DER... Maybe because shareholders are selling instead of holding.
I wonder if shareholders bought shares if the SP would go up.... PROBABLY.

Maybe because the Directors were going to mine some Nickel they had to "spend money, to make money".... shareholders sold
Where are they going to get say $8 to $10 million to pay for the recovery and selling of say $20 million plus of Ore body to Glencore? Maybe capital raise?

Here is a good question for shareholders of H.C.
"Would you borrow/raise/spend $8 to $10 million to get back $20million or more?"
When I asked my 12 year old daughter this question , she said "of course I would you silly Daddy".

Then I thought what are holders thinking to make them think it is a good idea to sell ? Or is their brain on holidays in Bali, Bintanged out.... ha ha

Maybe they have cabbages, a pity because Nickel prices went up over $1,300 today in one jump