ESR 0.00% 0.6¢ estrella resources limited

Ann: New Supergene Manganese Discovery and Exceptional Assays, page-4

  1. 3,114 Posts.
    lightbulb Created with Sketch. 186
    Hello. Financially, the company did not fill me with confidence. The last quarterly report said:

    https://hotcopper.com.au/data/attachments/6352/6352168-2cf57960a13850cd0829d237517e5f9e.jpg
    The AWJ shares do not appear to be worth very much, maybe $200,000:

    https://hotcopper.com.au/data/attachments/6352/6352176-b89e353d28223c3cb231854db7a7739d.jpg

    https://hotcopper.com.au/data/attachments/6352/6352178-ec5b505cffde70d658b77f602c05a6fa.jpg

    Last year's R&D refund was $1.04M net of costs. Merely guessing, my impression is ESR spent more on exploration in last half year to 31/12/23 ($2,907,186) than 50% of the full previous year ($3,395,912) however how much of this is R&D expenditure I cannot guess.

    https://hotcopper.com.au/data/attachments/6352/6352258-92844fd7caf95399e4b753b5b9e3fc37.jpg

    https://hotcopper.com.au/data/attachments/6352/6352201-405b0eeabb4b894888d00365fa153d00.jpg

    https://hotcopper.com.au/data/attachments/6352/6352193-fb2ae97bba922f491a765853a84f81fd.jpg

    https://hotcopper.com.au/data/attachments/6352/6352229-530b9751876ba7facc2d7c3832a2ccac.jpg
    https://hotcopper.com.au/data/attachments/6352/6352234-810bb944288c5d9d9110d086fcd19af0.jpg

    Last edited by GKeden: 01/08/24
 
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