Agree @FA18hornet,
From an investment standpoint, this is the kind of asymmetric setup that rarely presents itself. Estrella is about to drill 90 holes in a country that has never hosted a commercial exploration campaign — and they’re doing it with full government backing, a massive land position, and clear geological targets.
Managing Director Chris Daws has already set the tone: “+3m @ 45%” is considered a solid start — but the subtext is clear: they’re aiming much higher. Internally, you can sense the bar is set well beyond that. When asked what kind of intercept would make them consider a trading halt, the implication was that even an initial hit like that would be enough to move the needle materially.
This isn’t a recycled project or a rehashed asset. It’s a genuine first-mover play, targeting high-grade manganese, at surface, in a massive untested system. The scale is there. The grade is there. The strategy is clear: validate the system, showcase it to the world at IMnI 2025, and let the results speak for themselves.
It’s rare to get this kind of clarity, timing, and leverage in a junior. If even a portion of these holes confirm what they suspect is underground, this campaign will mark the beginning of a transformational re-rate — both in market cap and strategic interest.
And once this starts… it will make noise across the globe
(20min delay)