ESR estrella resources limited
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Ann: Transformational Partnership to drive Timor-Leste Projects, page-36

  1. Ferretbreath
    1,167 Posts.
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    21/05/25
    15:44
    Post #: 79134878
    Drilling isn’t mining. Read the announcement. See the proposed dates.

    Drilling is exploratory. Then analysis, then feasibility study, then FID, then funding plus final MINING & EXPORT approvals. Plus buy and get equipment into TL plus build mine camp infrastructure. Plus port facilities.

    Then mine & export. Then see what profits remain after servicing funding etc.
    ESR Price at posting: 3.7¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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