ESR 7.69% 1.2¢ estrella resources limited

Ann: 5A Nickel Ore Extraction Update, page-18

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  1. 515 Posts.
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    In the September quarterly cashflow, management noted that the bulk extraction will add $500k-$750k after costs. Nickel was around $25k/tonne then, so I'd say, assuming best case scenario, the operation will add ~$1m now? It is genuinely surprising they are not raising yet.
 
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