ESR estrella resources limited

The below is @Timorlad prediction of what would happen in the...

  1. 1,042 Posts.
    lightbulb Created with Sketch. 361
    The below is @Timorlad prediction of what would happen in the next three weeks...this was sent by the lad before the trading halt...all has come to fruition so far.

    Estrella Resources: The Next 3 Weeks — A Timeline of Catalysts

    [This Week] — Trading Halt Lifts Estrella will exit its current trading halt with details of a Master Agreement signed with PT Raka Energi Mandiri.While full details are still under wraps, REM is expected to assist with infrastructure, logistics, haulage, and later mine planning and construction.This is not just a one-off contractor — this is a strategic partner with serious scale and reach across Southeast Asia.

    [May 21 onwards] — Drilling Commences (Aligned with Timor-Leste Independence Day)Chris Daws confirmed on X that Estrella’s first-ever drill rig in Timor-Leste will begin turning “very close to its Independence Day.”Drilling kicks off just after the national celebration, symbolic, historic, and well-timed.Expect a formal Commencement of Drilling announcement.

    [Late May] — First Drill Results This is the major event. The first hole into the Noni manganese formation, beneath a layer of commercial-grade limestone, will be pivotal.This isn’t just about grades — it’s a proof of concept for a dual bulk commodity model.If successful, ESR will effectively get paid to strip limestone while accessing high-grade manganese below — a dream scenario in bulk mining economics. Expect a possible trading halt around this announcement. We may even see assay lab results returned before June, giving Daws hard numbers to take to Japan, timed perfectly for the global stage.

    [Late May to Early June] — Ongoing Drilling Updates

    Between now and early June, we could see 3 to 4 additional drill holes reported.With 8 months of prep work from Steve Warriner and the geological team, these targets are no accident.Each result builds on the geological model and ramps up market attention.

    [June 3–5] — International Manganese Conference (Japan)Chris Daws will attend the International Manganese Conference in Japan, where he will meet with WMA Holdings FZCO, Estrella’s largest shareholder, and their 8-person delegation.A well-timed opportunity to present early results, showcase strategy, and attract serious international interest.

    Why This Matters:Estrella is methodically ticking off major strategic milestones:Welcomed a state-backed mining entity (Timor-Leste holds 30%)Onboarded the world’s largest manganese exporter as a major shareholderSecured a strategic partnership with logistics and mining infrastructure player REMUnlocking two bulk commodities — not onePositioned to help solve Indonesia’s nickel nitrate dilemma through limestone supplyIf the REM agreement includes first right of refusal to offtake our limestone, Estrella won’t just be another junior explorer, it will be a regional bulk commodity supplier with infrastructure, demand, and sovereign support in place.Chris Daws is 3 to4 moves ahead of the market, and if these first holes deliver, June could be the start of something much, much bigger.GO ESTRELLA
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
4.6¢
Change
0.002(4.55%)
Mkt cap ! $94.39M
Open High Low Value Volume
4.6¢ 4.6¢ 4.4¢ $134.3K 3.007M

Buyers (Bids)

No. Vol. Price($)
2 483000 4.5¢
 

Sellers (Offers)

Price($) Vol. No.
4.6¢ 564719 3
View Market Depth
Last trade - 16.10pm 16/06/2025 (20 minute delay) ?
ESR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.