Relax!! option conversion is part of the game. IT HAPPENS!Onto...

Relax!! option conversion is part of the game. IT HAPPENS!
Onto the ANN
The problem is the depth of the strike, IT"S DEEP! very deep, nearly half a kilometre, this will no doubt rule out "Open Pit" which means an underground mine proposition (More expensive, much more) To cover the depth factor (Risk) the grades and thickness of the ore body needs to be higher. I believe there is something better down there, ESR just haven't drilled it yet. So when the next drill results come through and it's a deep assay what you should be looking for is 2-5% @>20m thickness, this would cover the depth risk. If you were to get a similar grading at say <300m, that would be a game changer.

For all the LT holders, I'd hold for more results for clarification
For ST Traders I'd close out my position. ESR will drift lower while waiting for further results.