ESR estrella resources limited

Key Factors for ESR's Success: My investment reference statement, page-101

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    31 January 2025
    Company Announcements
    ASX Limited
    ESTRELLA COMPLETES $3.75M PLACEMENT TO FUND DRILLING PROGRAM
    IN TIMOR-LESTE
    Indicative Use of Funds
    The Company intends for the funds raised from the Placement to be used primarily to continue
    exploration efforts and commence a drilling program at its Timor-Leste operations and working
    capital.
    In other words, the company intends to potter around......till the money is gone then they tap shareholders for more cash, very little has been done for a long time.....
    IMo dyor
 
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