ESR estrella resources limited

Ann: AWJ: Writ from Estrella Resources Ltd, page-21

  1. 1,174 Posts.
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    actually, no it isn’t.

    Did some research, and yes potential, but too far off for me.

    Esr still have to drill, evaluate etc. Then if resource is viable (quite possible), talk further with TL govt, do their feasibility and FID etc.

    Organise potential funding. Maybe WMA? They have their $ in a few other ventures as well.

    If that all still points in a positive direction, sign firm agreements with funding and govt permits, licences, royalty agreements, environmental planning, then find off-takers (presumably WMA), then actual mine plans and resource companies & labour for the build.

    Then build the mine in a new jurisdiction - new for this type of venture.

    Quite a few years from actual production.

    Don’t get me wrong - there could be great potential here - just too far off for me.

    But wish you all best of luck with it.
 
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