The market will start to look at Esr very differently, page-121

Estrella is ticking almost every box for me, momentum, jurisdictional advantage, multi-commodity upside, and well-timed positioning. But there’s one crucial box still waiting to be ticked: drill mobilisation ahead of the IMnI 2025 Annual Conference in Tokyo on June 3rd.

Make no mistake, if Daws arrives in Tokyo with 4 to 5 holes of high-grade manganese core, Estrella won’t just be another delegate, it will be the focal point of the entire summit.

That’s the opportunity.

But the concern? All personnel, equipment, and access are on standby while we await final approvals. Time is slipping away. The longer the delay, the tighter the window to generate real momentum and seize the moment on a global stage.

Imagine the impact of walking into Tokyo with multiple intercepts above 5 metres at 50%+ manganese. That would turn heads. That would dominate conversations. And in my view, that would launch ESR straight into double-digit territory.

Three weeks to go. Let’s hope we’re not standing still when the spotlight hits.