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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| East Star Resources Plc | EST | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 1.30 | 08:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1.30 | 1.30 | 1.30 | 1.30 |
| Industry Sector |
|---|
| GENERAL FINANCIAL |
| Top Posts |
|---|
Posted at 05/6/2025 08:03 by spangle93 The Company has received investor demand and is proposing to raise £250,000 via a subscription (the "Subscription") for 19,230,769 new Ordinary shares (the "Subscription Shares") at a price of 1.3 pence per Ordinary Share (the "Issue Price"). The Issue Price represents a 3.8% discount to the closing price of the Company's shares on 4 June 2025The Company also intends to conduct a retail offer via the Winterflood Retail Access Platform ("WRAP ") to existing shareholders for up to a further £200,000 at 1.3 pence per share for up to 15,384,615 new Ordinary shares ("WRAP Shares") to participate on similar terms, Money is needed.. to provide cost-effective optionality to immediately expand the current drilling programme at Rulikha, Talovskoye and Verkhuba |
Posted at 28/4/2025 07:48 by spangle93 More fruits from the winter office workAlex Walker noted "Masterfully I never let a chance for a superlative pass me by" ;-) |
Posted at 15/4/2025 08:08 by spangle93 Announcement link is hereAlex Walker, CEO of East Star, commented: "This year East Star will update its already-significant Verkhuba Copper Deposit resource model, drill at least two geophysical anomalies at known, high grade, polymetallic deposits, and drill test the multimillion-ounce potential epithermal gold and silver target at Snowy. Shareholders should be in no doubt that we are approaching the drilling of potentially company-making targets here. At the same time, off the back of the work we completed as part of the BHP Xplor programme in 2024, we are looking to acquire additional licences that are similarly highly prospective for porphyry and epithermal gold deposits. Now is the time to make copper and gold discoveries in Kazakhstan."</;-) Or as the saying goes, wouldn't want to be out of this over the weekend |
Posted at 09/2/2025 21:07 by spangle93 Recording of EST investor meet presentation now available |
Posted at 08/2/2025 15:25 by walter walcarpets Can the significant breakout in copper prices kickstart EST? Here's hoping.hxxps://x.com/TaviCo |
Posted at 02/12/2024 12:43 by scrwal So they are concentrating on Snowy and have dropped Ayagoz. A bit more detail should be given about Ayagoz - is it a complete bust or has it been trumped by much more promising results and EST can only advance a single project currently? |
Posted at 18/10/2024 10:34 by smackeraim https://www.linkedin |
Posted at 13/6/2024 15:48 by papillon Bukowski750. Only been a member of advfn since 6/6/2024. Made 94 posts in total."Mainly drilled out through the 70's & 80's. Once "thought to be uneconomic" according to the report." Is it now considered economic because of the projected increasing demand for copper in the future because copper usage will surge due to the need to combat climate change? I've only got £400 invested in EST and I base my investment decisions on the chart not on advfn bb posts be they by bulls like TCMC, or bears like Bukowski750. PS the EST share price is just going sideways. It will doubtless breakout after the next RNS. Up if investors view the RNS as bullish and Down if they view it as bearish. That's all you need to know. |
Posted at 13/6/2024 12:11 by bukowski750 Just read the resource estimate technical report. It seems no exploration work has been done since 1990 before EST picked it up. Mainly drilled out through the 70's & 80's. Once "thought to be uneconomic" according to the report.Consultants recommended 50 by 50 metre drill grid density with some infill to test for continuity.Imho don't understand why the docile flocks are thinking big money for this when no one else was interested for decades, and EST have only drilled a smidgen over a thousand meters.Needs a proper drilling campaign to understand the deposit, will need a healthy budget!All imho dyor! |
Posted at 11/4/2024 08:38 by vesperdene Hi everyone. Some of you know me from a few posts on EEE over the last few years.I thought I’d briefly update my thoughts on EST, where I’m a significant shareholder. I spoke with Alex last week and also attended the investor update yesterday. Firstly, my position on copper has been bullish for some time (this is old news as per current market activity), but I’ve been building potentially life-changing stakes in various companies, including IVN, over the years. But at the other end of the spectrum, the junior side, EST and Pallas (private, Kazakhstan) are significant PA holdings for me, and I own multiple %’s now. Having been in mining for more than 20 years, I worked on Kazakh projects many moons ago in the previous boom (Kazakhmys at the time – Bozshakol and Aktogay). The vastness of Kazakhstan's copper and gold opportunities cannot be imagined. I liken its copper potential to Chile decades ago. The only difference is it's already derisked/proven, considering the mega-mines in operation already and the huge geological potential of tier-1 discoveries in copper, gold, nickel and lithium, to name a few. Also, its geographical location (purely from a supply chain/sales perspective is arguably the best in the world. I'm not sure if many know this, but Kaz Minerals is running out of mineable ore, and they’ve been woeful/virtually inactive in new discovery efforts in Kazakhstan. Juniors (and now larger miners/majors) have been staking land based on a Western code for many years, and it is about to pay off in a material way. I’ve been buying up EST for many months now and believe a significant rerate is on the cards with Verkhuba alone. It's impossible to ascribe an accurate value to it (especially from an outside perspective), but I would imagine that even with a 50-75% discount for whatever reason, it should fetch $25-40m, assuming a straight sale. I appreciate that’s not the plan, but logic tells me if they sell 75% of this asset, at a considerable discount, they should sit with $20-25m in cash and likely free carry to development. That’s a 3-4x re-rate from today, excluding the substantial exploration land packages (which is basically priced in FREE at the moment). At face value, Verkhuba offers low-risk near-term production, considering nearly processing infrastructure AND depleting reserves of companies owning it. In my mind, and obviously DYOR, this is as good a “high risk” bet as anyone can make, and I fully expect to see (post-deal-close) for this company to be worth $30-40m all being equal. This should equate to a share price of c11-13p in 3-6 months IMO. Good luck all. Happy to hear from the forum on what im NOT SEEING? Thoughts? |
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