News: ESS Tianqi Lithium Terminates Plan Of Acquiring Essential Metals, page-276

Thanks Bailey... this aligns with my perception. Great the Lithium resource known about 11MT ~1.2% lithium, but it is really about the land... this was not valued to any great extent in the stoopid "scheme of arrangement" initiated by Clayton. TLEA need to stump up to stop Ellison from gaining a strategic area fo the world in Lithium, close to Kal and major infrastructure.

We are so undervalued.

ESS is Like a fish with one fin not working, swimming in a circle.
This is a very slow motion feeding frenzy, two sharks circling. One made a lunge the other was drawn in for a bite.

TLEA is some way is probably on the list for off-takes. Ellison doesnt seem to be yet from what he saying. Subtstantial buying recently only 1 new notice. The buyers can take there time in notification. TLEA possibly buying though a number of nominee is my guess.

Snipping the piece I like

"His interest in the $120m company is because it has been accumulating a lot of land in that area that provides a lot of exploration opportunities"

It is about the land, the margin ESS has caved out in regolith covers a significant section of lithium prospective territory in a good neighbourhood, easily setup for mining. Our previous CEO had the go ahead to mine Cs in a small project to keep the wheels turning, that was courageous, current CEO is an accountant who has been very VERY cautious. Need to drop chum with off-takes negotiations...