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Bald Hill is just across the Great Eastern Hwy from the Pioneer...

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bobminer

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15/02/22

18:29

Post #: 59590355
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Originally posted by triage ↑

There is a bit of chatter about, as in the Aust Fin Review, about Bald Hill, which is a stalled lithium project not that far from ESS's tenements (as in within a 100 clicks or so, not next door). It went bust a couple of years ago, a mainland Chinese bloke lined up to buy it then pulled out and then has come back for another bite under the guise of an American company. The approval of the deal is being held up by the Foreign Investment Review Board and hopefully seeing the Chinese dude seems to be a tad shifty in his approach they might reject his bid.

Why is this relevant to Essential? Well, my understanding is that Bald Hill is roughly about the size of ESS's North Dome. If Bald Hill does come back onto the open market it will be a good sighter for what the market thinks North Dome is worth.

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Bald Hill is just across the Great Eastern Hwy from the Pioneer dome.

ESS Price at posting: 39.0¢ Sentiment: Hold Disclosure: Held
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