ESS essential metals limited

Ann: Becoming a substantial holder, page-60

  1. 646 Posts.
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    I'm doubtful that we'll see a new offer appear before the scoping document which is due out in another couple of weeks.

    At the current rate of increase, our market price in a couple of weeks should be pretty close to 60c.

    Once the scoping study is out (presumably showing a project NPV of $1 billion+) and our market price is already close to 60c, I think the next offer is going to have to be something pretty generous.

    Perhaps 75c would be a good step up that may tempt some people?
 
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