ESS essential metals limited
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Capital Raise

  1. readyaimfire
    12,767 Posts.
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    30/09/20
    20:48
    Post #: 47754017
    At the current cash burn rate a Capital Raise is inevitable in the near term.

    IMO they will go sooner rather than later probably
    $5ish million less the 300-500k in fees. that should get ESS 12months of Li exploration cash.

    Can only hope they don’t squander the little remaining cash they have on acquisitions.
    ESS Price at posting: 12.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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