Thanks, yes you are correct. The reason for my misunderstanding...

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bkkrider

116 Posts.

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14/03/25

14:49

Post #: 78269144
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Originally posted by hsv2001: ↑

No....there's $728k cash at 31/12 PLUS the $3.75m raised after 31/12, less any spending between 1/1/25 to date, so plenty to get them thru to initial drilling imo.

"On 7 February 2025, the Company issued 125,000,000 fully paid ordinary shares at an issue price of $0.03 per
share to raise $3,750,000 under the Company’s existing placement capacity. On the same day, the Company
issued 6,000,000 ordinary shares to directors for the share performance rights vesting on a market cap of
$20m, as approved by shareholders at 2023 AGM. "

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Thanks, yes you are correct. The reason for my misunderstanding is this is the audited accounts so the cash & cash equivalents is at 31 Dec 2024 and the placement occurred in 2025. . . shouldn't read stuff late at night after a long day at the office.

Looking good from a cash perspective.

ESR Price at posting: 2.7¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 5.0¢		Change 0.004(8.70%)		Mkt cap ! $102.5M

Open	High	Low	Value	Volume
4.5¢	5.0¢	4.5¢	$301.8K	6.266M

Buyers (Bids)

No.	Vol.	Price($)
3	190285	4.9¢

Sellers (Offers)

Price($)	Vol.	No.
5.0¢	513662	5

View Market Depth

No.	Vol.	Price($)
3	190285	0.049
1	150000	0.048
5	576212	0.047
4	1415429	0.046
3	872999	0.045

Price($)	Vol.	No.
0.050	574384	6
0.051	678000	4
0.052	276895	3
0.054	638079	2
0.055	721111	3

Last trade - 12.48pm 17/06/2025 (20 minute delay)

ESR (ASX) Chart

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