ESR

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0.5¢ estrella resources limited

Greatly appreciated write up mate thank you.

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Stann

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02/11/23

13:15

Post #: 70689120
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Originally posted by hsv2001: ↑

Hi Stann,

Well I'm sure I'll get accused by the resident troll for 'ramping' but he's on ignore anyway so here's a quick summary.

- Market depth is where it's at due to just raising $1.6m at .006 (plus a free .018 option) so hopefully this alleviates your cash concern.

From my view, there's basically 4 current projects,

1. Carr Boyd nickel, plenty of work done on this in the past few years with millions spent on evaluating it and using existing and new technologies to get a better understanding and hopefully find what we've all been looking (and hoping) for. Recently finished a new tech helicopter survey of the entire ground which highlighted some new areas of interest. This is in my view the main priority project and as seen back in October 2020 can really change things overnight.

2. Carr Boyd lithium, this came out of left field but was due to being approached by unrelated parties to obtain the rights to search/mine any lithium within the project. They denied these offers and will be conducting the search and evaluation themselves in case there is major lithium potential, risky but if pays off the company retains 100% of the lithium outcome.

3. Timor projects, they recently just put in a bid for land and mining rights in Timor, unexplored ground but still another avenue for exploration. They should hear whether they were successful before 17th November per their last announcement.

4. Spargoville, a small short term project known to hold high grade Nickel, recently done a sample deal with Glencore. Awaiting DFS on this so hopefully we can find a positive result here also.

Certainly not exhaustive, but in my view there is a bit going on which could happen in the short term. If you do invest I'd certainly suggest ignoring HB as the company and management can't do anything without him putting some disgruntled negative spin on it.

There's also an investor portal/hub you can access where you can ask management direct any questions, and avoid the mindless waffle of some here.

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Greatly appreciated write up mate thank you.

ESR Price at posting: 0.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $8.796M

Open	High	Low	Value	Volume
0.6¢	0.6¢	0.5¢	$8.574K	1.602M

Buyers (Bids)

No.	Vol.	Price($)
13	6037694	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.6¢	12673862	21

View Market Depth

No.	Vol.	Price($)
13	6037694	0.004
20	15218339	0.003
10	7599980	0.002
6	12946489	0.001
0	0	0.000

Price($)	Vol.	No.
0.006	9340529	20
0.007	11036689	10
0.008	726478	3
0.009	544069	3
0.010	1744390	4

Last trade - 12.16pm 02/08/2024 (20 minute delay)

ESR (ASX) Chart

Greatly appreciated write up mate thank you.

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

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Is oil undervalued?

Westgold sets its sights on top five producer status through merger with Karora

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Greatly appreciated write up mate thank you.

Top Stories

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Cost blow-out for Rook I uranium project sees share plummet for NexGen

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Westgold sets its sights on top five producer status through merger with Karora

Venture to sniff out high-grade REE targets at Jupiter project, WA

GreenX picks up prospective copper project in Germany

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News