Hey Names little, I honestly believe since the trends in the past month have been smashed ( melting of the poles) and the heat waves of the Nth Hemisphere in the last few weeks, the agenda to go Lithium ( more quickly) is gathering weight and these quality deposits along the Highway to Port - are gaining value.Looking at Delta catching a bid up from 79c to mid 90c in the last week ,I'm thinking this T/O bid at 56c has put a handbrake on short term upside on ESS as the market re -evaluate's these WA deposits ( and it happening quickly) going on the movement in the station (IGO ,Kosen of Japan and Gina etc in the the last fortnight.Either way I think ESS is in a strong strategic Lithium position and is undervalued (Beaumont is known for smelling undervalue assets) and with ESS position growing stronger, day by day - in this dynamic commodity,it should be of similar value to Delta Lithium and that's the truth.
ESS Price at posting:
48.5¢ Sentiment: Buy Disclosure: Held