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Ann: Carr Boyd Exploration Update, page-11

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OnesFate

290 Posts.

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14/07/23

18:11

Post #: 68796559
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Originally posted by RocksRule: ↑

That is the curse of the junior end....they feel the need to report everything, and report that something is coming. This presumes a positive result. The DFS should have just been done in the background. Not surprising that a tiny underground mine on a very small nickel resource struggles. As an open-cut though, too much dirt to move given the steep dip. There is a reason it is still in the ground. Grow the resource with deeper drilling so it has a chance to become a proper mine.

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Could they be delaying it until COB 25th July - when ~380M+ options expire !! I would assume most wouldn't convert now esp when they can buy on the open market for 50% less - positive DFS might change that but if all exercised will dilute the SP by 25% ................. Anyway just a theory ............

ESR Price at posting: 0.9¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 5.1¢		Change 0.000(0.00%)		Mkt cap ! $104.6M

Open	High	Low	Value	Volume
5.2¢	5.3¢	5.0¢	$159.6K	3.126M

Buyers (Bids)

No.	Vol.	Price($)
4	216442	5.0¢

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Price($)	Vol.	No.
5.2¢	100269	2

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No.	Vol.	Price($)
4	216442	0.050
7	610496	0.049
6	343027	0.048
5	315725	0.047
2	550000	0.046

Price($)	Vol.	No.
0.052	14406	1
0.053	951000	4
0.054	600000	3
0.055	300000	2
0.056	670000	2

Last trade - 15.58pm 27/06/2025 (20 minute delay)

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Ann: Carr Boyd Exploration Update, page-11

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Ann: Carr Boyd Exploration Update, page-11

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