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50.0¢ essential metals limited

Ann: DVP: DVP & ESS Transformational Transaction, page-119

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readyaimfire

11,421 Posts.

1513

08/07/23

22:42

Post #: 68690386
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Originally posted by Geordiebelta ↑

I was in these forums back in 2020 and back then the commentary was Ess have been very slow and management have been looking for a way out for years. seems like nothing has changed. bill has an underground mining ark who, in my opinion, will expedite mining and bring value to all shareholders. there is a premium to bring lithium assets online asap, and ess will be gaining access to world class underground mining experts to deliver this.

I sold out of ess back in dec 2020 when they did their cap raise. would have made a bit of coin had I stayed, but in my opinion, that would have been down to the broader lithium space than management.

this is a great deal for both companies.

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Sure.. both companies being dvp and MIN

MIN stiffed ESS holders to deliver this no cash offer in a fully priced wannabe

As for Underground… what underground it will be open pit

Last edited by readyaimfire: 08/07/23

ESS Price at posting: 49.0¢ Sentiment: None Disclosure: Held
8 Upvote

0 Great analysis

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