ESR 0.00% 0.6¢ estrella resources limited

The Siemens numbers was a red flag., page-78

  1. 1,598 Posts.
    lightbulb Created with Sketch. 157
    hi @Vernosc07

    Vernosco from my reading I don't think Tomboy has a clue what he is talking about.

    DHTEM uses different frequencies at different depths, these frequencies will provide differing Siemens readings. Without looking my bet is the readings @tomboy references above are likely closer to surface and using a different frequency. o

    The company said as much in the recent announcement when it stated:

    "The survey used moderate base frequency readings, providing a moderate to high conductance estimate of up to 11,000 Siemens, which will potentially increase further with lower base frequency readings"

    A pretty easy to understand presentation can be found here https://2019.aegc.com.au/programdirectory/posters/289.pdf

    Tomboy is comparing apples and oranges. There is no point having all the high Seimens readings and conductivity if you don't have nickel.

    We do have nickel - fact
    We know where to drill - fact
    We have options being converted flushing the company with money to drill - fact
    We have Siemens readings similar to that of other world class finds - fact
    We have directors topping up at these prices - fact
    And don't forget that big shiny core is going to grade high IMO - results due in next 2 weeks

    Plenty more to come here imo
 
watchlist Created with Sketch. Add ESR (ASX) to my watchlist
(20min delay)
Last
0.6¢
Change
0.000(0.00%)
Mkt cap ! $10.55M
Open High Low Value Volume
0.6¢ 0.6¢ 0.6¢ $1.94K 323.3K

Buyers (Bids)

No. Vol. Price($)
5 6653037 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 14559199 19
View Market Depth
Last trade - 10.02am 16/08/2024 (20 minute delay) ?
ESR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.