East Star Resources Share Discussion Threads

[pol123] 05/6/2025 16:54:30

why do people invest in junior miners and then start bleating when they raise cash?? We have great potential and only raise as and when required, thus trying to keep dilution to a min.
Some of you guys must have your head up your ar$e.......jeez

[value viper] 05/6/2025 13:25:30

But just the same as all the others reallyNothing unique CountDifference is this one does have very promising ground from what I can make out

[the count of monte_cristo] 05/6/2025 10:39:06

One thing this company is good at, issuing shares and diluting shareholders :)

[pol123] 05/6/2025 10:19:51

Sounds sensible move, minor discount
The drill bit will provide the upside.....or not :-)

[spangle93] 05/6/2025 08:03:23

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 2025

The 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

[cthompso] 05/6/2025 07:24:15

Hmmmm, don't all rush at one?This bloke paid himself a bit too much and has too consistently come up short for me to be participating.

[spangle93] 28/4/2025 07:48:21

More fruits from the winter office work



Alex Walker noted "Masterfully I never let a chance for a superlative pass me by" ;-)

[scrwal] 26/4/2025 16:00:20

Alex has definitely toned down his exuberance and is giving caveats on all expectations.

[soulsauce] 25/4/2025 16:41:54

Hmmm don't speak too soon 😉

[smackeraim] 25/4/2025 16:06:53

Doing much better. Alex seems to have his game together finally

[shortcpx] 22/4/2025 15:53:52

So they've confirmed another placing is coming. Check the AGM resolutions for adjusting the nominal value...

[smackeraim] 22/4/2025 10:32:35

People seem to like the prospects, roll on drills

[foetus in your brain] 22/4/2025 07:38:14

Super confident/outrageously rampy language from chairman. Time to deliver I guess.

[smackeraim] 16/4/2025 10:07:26

https://www.investormeetcompany.com/east-star-resources-plc/register-investor

[scrwal] 15/4/2025 12:55:13

Bit of a weird release really. Talovskoye was identified as a priority at the start of 2024 but nothing was done as Verkhuba and then the Porphyry used all the resources.
So now it's Talovskoye and a new VMS target Rulikha will be drilled for copper.

Snowy is to be drilled but not for copper but gold and silver.
So what is going on with the copper porphyry because wasn't that the next big thing and yet nothing is mentioned in the update.

The mantra last year was "copper focussed" which lead to Apmintas being sidelined and now we are "copper and gold" because of Snowy and they are looking for copper and gold deposits.

Verkhuba resource will now be updated in H2, hopefully for the better. Ideally this asset needs to be monetised this year.

The future may appear to be bright but the ball was dropped last year when Alex couldn't monetise Verkhuba as the company couldn't agree anything with third parties for whatever reason. Even if Verkhuba is upgraded will the company expectations match those of a third party or will there still be a disconnect?

[spangle93] 15/4/2025 08:08:54

Announcement link is here


Alex 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."</;-)i>


Or as the saying goes, wouldn't want to be out of this over the weekend

[smackeraim] 15/4/2025 07:34:12

https://www.eaststarplc.com/_files/ugd/9a9edb_dfc03c090a0d4c5b919e11bea7e6fb11.pdfnew presentation. RNS not showing here

[smackeraim] 28/3/2025 15:00:40

Some blue again. Nice to see

[scrwal] 21/3/2025 12:47:02

Todays tweet is a bit disappointing as they are still waiting for the snow to clear so that drilling can start so we may not get any final results and assays till the start of Q3 at best.

[soulsauce] 20/3/2025 16:17:43

Unfortunately he threw us one last year WW and then took it away before it paid out.
Fingers crossed for better going forward from Alex.

[walter walcarpets] 20/3/2025 13:26:21

Come on Alex, about time you threw us a bone

[smackeraim] 20/3/2025 12:06:19

Blue again. It's the year of copper.. hopefully the year a deal gets done on Verkhuba