Hello. Financially, the company did not fill me with confidence. The last quarterly report said:
The AWJ shares do not appear to be worth very much, maybe $200,000:
Last year's R&D refund was $1.04M net of costs. Merely guessing, my impression is ESR spent more on exploration in last half year to 31/12/23 ($2,907,186) than 50% of the full previous year ($3,395,912) however how much of this is R&D expenditure I cannot guess.
Hello. Financially, the company did not fill me with confidence....
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