Ann: IGO: Lithium Joint Venture to Acquire Essential Metals Limit, page-74

How much of the register does management hold? If our suitor already has some of the register which they would and management has a large portion. They're voting yes to progress as they're lifestyle directors not people with mining skills.

It will likely go ahead at 50C, it's extremely undervalued IMO. There are many many comparative resources even in terrible jurisdictions that are valued higher than ESS at 50C.

Explains the action the last few months as well, insiders would have known this conversation was ongoing and no reason to bid up the price.