I made some realistic comments last few weeks.
that 20-27c intraday spike was the top, sold off and not repeated
rounding top pattern now clearly visible with shoulder to 6c
rampers keep ignoring this reality -
ESR has no JORC resources, no Ni grade defined and no pathway to production as yet
Its nearest processing plants are 35km south at Black Swan (POS owned) or Mt Keith (BHP owned) 150km north west
or it can build its own at a cost of $600M like SIR or in Indonesia
$114M MC is very high for a few good drill results and low seimens readings
If you look above in this thread and the post from @KeenDog, the Seimens readings at SGQ WSA POS LEG are all way higher than 11,000 at 20,000-69,000.
Whats the Ni grade, do we know yet?
CR has to come soon to prevent greater dilution at cheaper rates
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