Hi Bkkrider,
No visuals have been released yet — this is just a fictional model I made up based on available data (my best guess), ASX announcements, site photos, and geological context. It’s not assay data and has nothing to do with the company. Just a marker for myself (and others) to visualise what might be coming.
I’ll probably be well off — and I don’t care. This is purely to frame what a result could look like on Wednesday.
How I came up with it:
* Drill likely started around May 28–29
* HQ core through karst limestone = \~18–25m/day
* Factoring setup, early teething issues, and ground conditions, they likely reached \~95m by June 1
Surface Mn was confirmed up to 60% in Feb 12 and Apr 4 announcements, with visible manganese outcropping. The drill collar sits right on top of this, so here’s what I modelled:
Full Model (Visual-Only Estimate):
0–4m
– Laterite, soil cover
– Likely no recovery or unmineralised
4–11m
– Massive manganese zone
→ 7m @ 45% Mn
11–20m
– Brecciated Mn-limestone
→ 9m @ 26% Mn
20–38m
– Laminated manganese shale
→ 18m @ 19% Mn
38–60m
– Barren limestone
– Background Mn 3–7%
60–72m
– Compact second Mn horizon
→ 12m @ 36% Mn
72–95m
– Quartz-rich limestone
– Hole likely ended here
---
Composite calculation:
(7×45 + 9×26 + 18×19 + 12×36) ÷ 46 = \~28.5% Mn average
→ 46m @ 28.5% Mn from just 4m depth
If anything close to this comes back — especially over 3 to 5m @ 45% Mn — it’ll light the fuse.
This will almost certainly remain in trading halt tomorrow.
Daws is likely already in touch with WMA Holding FZCO tonight.
And let’s be honest — someone in Japan probably already has eyes on these trays.
Wouldn’t be surprised if Daws is flicking through Skyscanner links, showing the fastest route from Tokyo to Timor-Leste.
I look forward to ESR hosting multiple site visit by Multinationals in the short term.
Good luck all.
Next raise north of 10c!
Hmm wouldn't that be nice!
(20min delay)