ESR estrella resources limited

Sales your skepticism is noted, but let’s not conflate blind...

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    Sales your skepticism is noted, but let’s not conflate blind faith with strategic foresight. Blind faith won’t uncover a manganese deposit—meticulous planning, precision, and execution may well will.

    The allure of vast, fertile prospects can be seductive, but it’s a distraction if not anchored by actionable, high-confidence targets.
    The significance of that first drill target cannot be overstated. Success or failure in those initial holes will dictate the trajectory of this project, not the sheer scale of the exploration area.

    The drill program is the ultimate arbiter. It will reveal whether this venture to me is a genuine sound opportunity or a speculative gamble.

    That’s why my position will be fully committed or entirely divested before the first RC rig turns. If they hit, the narrative shifts, and the market will reward them with a valuation that supports a $20 million raise at 15 cents. If they miss, the project risks unraveling, much like Carr Boyd. The market’s tepid response to this announcement speaks volumes—it’s a material development, but the mixed messaging has undermined confidence.

    Management needs to think several moves ahead. This isn’t a game of checkers; it’s chess.

    The next round of funding should already be at the forefront of their strategy. They must demonstrate not just vision, but the ability to execute with precision and transparency. The market is watching, Let’s hope they’re playing the right game.
    Last edited by Timorlad: 26/02/25
 
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