ESS 0.00% 50.0¢ essential metals limited

For those worried or skeptical about IGO pulling out of this bid...

  1. 1,588 Posts.
    lightbulb Created with Sketch. 133
    For those worried or skeptical about IGO pulling out of this bid just take a look at their presentation today.

    RIU Explorers Conference Presentation

    Slide 10
    -> Theyre already integrating it into their business presentations.

    Point 3 on Slide 26
    ->Maximise ore feed to existing operations through near-mine exploration and resource development opportunities. (Takeover ESS)

    Also from the 31st Jan.

    2Q23 and 1H23 Results Presentation
    Slide 11
    ->"Acquisition of Essential Metals adds further growth optionality into TLEA"


    Slide 6
    ->$515 million cash in hand as at 31 Dec 22 experiencing record financial results

    I am convinced IGO wont pull out of this bargain bid looking at these slides, if anything theyll increase the bid to get it over the line. So much for the caller on the line saying theyll pull out HAHA
    Once MIN finalize their takeovers it could be theyll make a competing bid. Who knows, but Ill be holding up til the end knowing minimum I am getting is 50c
    ~$136 million for ESS wow what a steal if IGO get this.
 
watchlist Created with Sketch. Add ESS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.