It's a shame ESS didn't sell their asset to GL1.
GL1 have good management and at least I'd feel good about another company I own getting Pioneer Dome on the cheap.
If ESS management can't extract at least 70 or 80 cents (even that's dirt cheap) for this asset, then they are really poor at their job.
Pioneer dome could be in some sort production (DSO to start) within 2 years if developed by a competent management team.
I vote NO to 50 cents a share and IGO can p!$$ off.
The market has also changed for the better since this bid (even UBS are calling a medium term deficit), so really we should be aiming for at least $1 by mid 2023.
Add to My Watchlist
What is My Watchlist?