Nickel price plays part in what is economically viable to mine and EV growth is what keeps potential there which what ESR is in.....exploration. Long way to go to before they report resource statement, if at all. Price will rise, next time want a cap raise to keep drilling and options out of money. Won't help those who 10c plus.
Your view then on Spargo, Au potential given Andrews and GBR......no doubt this is a Ni play but it's faaarkin rich ground. ESR stated as Ni and Au. Sold Munda. MXR potential. Other tenements with potential. Still has CB JORC. I wont be selling in a hurry and would love a reversal but understand why it's not.......yet.
Nickel price plays part in what is economically viable to mine...
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Last
0.4¢ |
Change
-0.001(11.1%) |
Mkt cap ! $7.037M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $1.25K | 300.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 2829374 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 4124039 | 8 |
View Market Depth
| Last trade - 15.11pm 11/07/2024 (20 minute delay) ? |
| ESR (ASX) Chart |