ESR 6.67% 1.6¢ estrella resources limited

https://unauthorised investment advice/resources/the-shift-to-high-nickel-batte...

  1. 438 Posts.
    lightbulb Created with Sketch. 91
    https://unauthorised investment advice/resources/the-shift-to-high-nickel-batteries-is-happening-right-now/

    older article but macro demand is very strong. Price remains strong although some analysts believe it will settle at 18k although pushing 20k at moment. This doesn't influence SP micro but does scalability and minability of a resource.

    if the COY can spend the next two quarters proving the theory and finding the connection of CB to T5 then we be up around 10 - 12c in no time, with even a hint.

    the first few holes will be important surely as SW has said they expect a higher grade and greater amount of massive sulphides due to flow directions and less turbulence. Thats what I can gather from reviewing again, what has been presented by the company.

    So, I wait, while the drills are turning there is opportunity.

    i also read on another thread, perhaps AOU about the be benefits of pre collars and RC v DD which is cost v accuracy.

    May not make a difference here, but was interesting discussion by ex drillers.
 
watchlist Created with Sketch. Add ESR (ASX) to my watchlist
(20min delay)
Last
1.6¢
Change
0.001(6.67%)
Mkt cap ! $30.41M
Open High Low Value Volume
1.6¢ 1.7¢ 1.6¢ $79.69K 4.937M

Buyers (Bids)

No. Vol. Price($)
6 637948 1.6¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 1555767 6
View Market Depth
Last trade - 16.10pm 18/11/2024 (20 minute delay) ?
ESR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.