Ni @26,000usd p/t - Is ESR primed?

The $500 million aud in jorc compliant resource that Estrella very rarely talks about, but should be talked about a lot more

Remaining Jorc2004 resource of 636,000 tonnes at 1.4% Ni & .5% Cu"
Copper at .5 % = Cu 31m
Ni @ 1.4% = $330m


Spargoville The maiden Mineral Resource stands at 127,000 tonnes at 1.9% Ni and 0.15% Cu for a contained nickel metal inventory of 2,370 tonnes and is reported in compliance with the JORC Code (2012). Incl - 15m at 10.45% Ni, 0.78% Cu,





8900 Ni tons at Carr Boyd
2400 Ni tons at Spargoville
11300 tons at 36k aud per Ni ton = 406m in Ni alone, add Cu, Au, Pge's and that number hits $500m min

I would say that ESR has a billion dollars of metal accounted for already across T5, Broomhill, and recently deep-diving under CBM. 1billion aud with a MC of 31mil......

Spargoville numbers are close to the surface, while recent drilling below CBM which was encouraged by CSIRO to drill, starts at 230m, just 20 meters from the bottom of the old Carr Boyd mine....

Build another mine below CBM I hear you say, it's only 20 meters from the floor of the abandoned mine you say.

Well those plans have already been drafted back Plans for open pit and underground mine were drawn up in 2007 by Yilgarn mining group


Currently, I believe old carr body mine is low-hanging fruit.



If you get a chance check this link
http://clients.weblink.com.au/news/asx_pdf_loader.asp?articleID=6361904&dummyext=.pdf…
And refer to pg 5

http://