I am thoroughly impressed with the insightful and cautiously optimistic posts from both HSV and yourself respectively. Please continue sharing such thoughtful contributions.
Today's update from Steve Warriner on X (twitter), the head of geology, is particularly noteworthy. He suggests that Estrella has discovered the source on Manganese at Sica.
This development marks a significant milestone, and if accurate, it could mean that we are poised to advance more quickly than previously anticipated, as you rightly mentioned, Bkk.
"Exploration Manager Steve Warriner discusses the ongoing exploration activities at our Sica Prospect area in the Lautem municipality, Timor-Leste which forms part of the Estrella Murak Rai Timor JV. The exploration model that we have developed over the past 6 months has lead our geologists into the surroundings hills and we have discovered the source of the manganese. With further investigations via induced polarisation, trenching and drilling we are hopeful of deliniating a minable manganese rich resource which can be mined and sold to the world sea-bourne manganese market."
https://youtu.be/XcfTIW1DGC8?si=ItcOxP1_31xzDgCM
ESR Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
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