Potentially the new discovery means a lot but materially it means nothing. In terms of numbers. Hopefully, it doesn't go from "it's only a matter of time and not too far away that we hit 20, 30, 40m...." To...."it's only a matter of time before we hit more of these discoveries....."
Still a long road to go down here and retrace is not surprising given its all potential. Slowly unfolding and making sense and fitting with what company is saying.
However, for a rerate to hold, find a new level, the hits will need to keep coming as that is expected and DD hole 76 will also have high expectations.
The completed RC program may not be enough to rerate what some of the SH expect. Anything under 5c is reasonable and it will be nice to creep that way slowly and move north from there.
After 3 day TH and solid news, company is back and lower than it was pre halt. It's frustrating but not surprising.
I feel some think should be same as POS without their infrastructure and major holders or as PAN without their contracts etc.
This company is a junior explorer and expectations need to match that. A long way for this to match 9c or 24c and hold that. Patience for this to move from its potential which is still unfolding and move toward that next category/tier which is going to take a hell of a lot longer than some expect.
i know every now and and then, I temper my own expectations based on what other companies actually have achieved.
- Forums
- ASX - By Stock
- ESR
- New Discovery
New Discovery, page-11
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ESR (ASX) to my watchlist
|
|||||
Last
0.7¢ |
Change
0.001(8.33%) |
Mkt cap ! $11.81M |
Open | High | Low | Value | Volume |
0.6¢ | 0.7¢ | 0.6¢ | $71.95K | 11.26M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 6223333 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 10323801 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 6223333 | 0.006 |
13 | 10992955 | 0.005 |
4 | 2375001 | 0.004 |
10 | 9930684 | 0.003 |
6 | 9015000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 10323801 | 13 |
0.008 | 870378 | 4 |
0.010 | 2773960 | 3 |
0.012 | 998000 | 1 |
0.013 | 5000000 | 1 |
Last trade - 15.17pm 12/09/2024 (20 minute delay) ? |
Featured News
ESR (ASX) Chart |