Member Info for sw10000

Hi All,

Link directly here or go to their website https://otp.tools.investis.com/Utilities/PDFDownload.aspx?Newsid=1812976

One of EST shareholders found a great article, in their tweet here https://x.com/Abacus194177/status/1782852302870639088

This appears very similar to EUA back in the day , huge potential resources in the ground worth billions and potential for a sale or JV.

Alex seems a lot more switched on and hopefully there are no aggressive actions in region which put an end to EUAs dreams of a sale.

Glad to be holding here and let's see how this turns out

Nice statement

This is a significant milestone. In a little over a year and one exploration season, we have transformed a historical copper deposit into a large JORC Inferred Mineral Resource in an infrastructure-rich region. Our Company is now underpinned not only by its highly prospective exploration licences but by a significant critical metal asset in the ground.

"At over 20Mt, Verkhuba is in the top third of this style of VMS deposit globally. With copper at close to $10,000 per tonne and the prospect of a low capex, open pit development, we believe the Deposit to be of considerable value. In the context of East Star's current market capitalisation, and upside from other regional VMS targets and copper porphyry exploration supported by BHP Xplor, East Star is in a very good position to create further shareholder value in 2024."

Good post and agree on these points , for me at this stage he main thing it to get relisted, then we can all make our choices whether to stick or twist as it were .

If they were actively carrying on VIM exploration and getting results it would be easier, I know smaller explorers that have carried out such work without the constant loans . It's almost as if they got so hung up on the plant they forgot about VIM and Tanzania .

Anyway, let's see

Good RNS there and great to have another exchange on board , looking forward to sales news and NSE listing

Sadly, all we can do is wait so people may as well be getting on with better things .

Gold price is in out favour, if they cannot make a successful business with this it was never going to work

Looking very promising and reminds me of the early days of EUA back in 2019 when they talked about interest .

Time is right with copper on the top , really looking forward to seeing what the inferred JORC resources are, good news is not too long to wait if we are going on Alex's timelines

Think that's a sell at that rate isn't it ?

Gold at $2416...

That's crazy and we should all be rolling around like pigs in the mud but sadly not, does anyone know how long a company can be listed before being delisted?

6 months in now , anyway have a good weekend and we will see what the rest of April brings if anything, at least there is sunshine outside

Just looking at after hours trades and some nice sized buys have popped in again

Is that the public or private one?

Fully with you on this although I've bottom drawed this now, whilst I hope it will come back I'm also fully in acceptance the CEO has spun us all some fine tales , the most recent being the statement around the audit being simple and should be back and listed quickly in his last interview.

Also, the last RNS stating the results would be published end of the month... still no sign

With gold where it is , if they cannot be successful now there is no chance.

At this stage the only thing to cling to is the fact large sums have been loaned to them in the last 6 months and new equipment , those individuals would have done due diligence, also new people joining the company.

Being optimistic , maybe they are getting on with upgrades and will come out Phoenix from the flames style but given past statements I'm not so sure

Anyway, the wait continues. If this does come back and receives funding I would like to see more responsible people on the board and the CEO replaced

Just saw a buy from 800k shares popped.up , nice buy and shows confidence

Funnily enough, I was just listening to that exact part as you posted.

Brilliant, thanks it's up now and watching.

Direct link to presentation: https://www.youtube.com/watch?v=DGheSp2l3oc

Very professional IMO and knows his stuff , does anyone have a link to a replay as I couldn't make the webinar

Been invested in EST for a couple of years, sadly got in at 5.x p and left it in the bottom drawer but always believed in the potential here long term, looks like they are progressing nicely

Good progress being made and Alex appears to be one of the most hardworking professional CEOs I have seen at this end of the market.

With regards to the cross ramper, just filter

It's definitely hard to provide any defence at this stage , the audit has been in the final stages for quite a while.

Let's see what April brings if anything ...

Agreed, hindsight and the trail of comments doesn't look favourable for Robbie, I have a large number of shares and will decide how/when they come back.

If they come back with a good update , governance issues sorted and funding then I will continue to hold but with extreme caution, at this stage I have zero trust in the board and hope any funder will place their own team here to give down credibility

If it's another scrappy entry with no progress I will move on, ultimately at this stage the important thing is we get relisted then we all have the choice .