" Maybe ESR management need to express their view of what success would look like long before the drill rod start turning."
I think ESR have already expressed quite strong views & opinions on the "possibilities " based on the information they have to hand .
Naturally the resource size ( Proven , Probably & Possible ) wont be and cant be defined until there drilling program about to be underway happens and results / intersects etc are defined .
ALL ESR can do is publish results . ...and "Development feasibility studies )
Meanwhile other factors like the " Political risk " & " Mine Development & shipping logistics etc " come into play . ( the company appears to have a very good association in place with the Timor-Leste govt ...and Logisitcs as already described sound very positive .
ESR Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held
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