ESR estrella resources limited

Ann: Timor-Leste Tenement Upgrades Granted, page-4

  1. 686 Posts.
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    great ann, more land and being able to drill etc

    what i find interesting is they emphasis on limestone in the Ann, this seems to be the overburden above the manganese, if they were to define a manganese resource, they would need to remove limestone to expose the manganese

    now if they could sell the limestone (if this was at all possible) the company would bring in an additional income stream and also reduce mining costs on the manganese significantly

    now that would really be a company maker, i might be getting 10 steps of myself but could this be a reality?

    from memory limestone is $20usd a ton

    maybe a question for chris in webinar
 
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