"Hopefully it can start to hit its straps this quarter."
A rerate is definitely on the Cards.
Although I was sweating on the results I was confident it was fresh Peg and mineralised as previously posted The reason why I was a little nervous was the reason ESS management stated - Has a BIG impact on Economics.
ie I had done some quick calculations and the fresh Spod in the Oxidised zone 0-~60m could represent another $150 -$200mil of Spod concentrate sales - more than enough to pay for a Processing plant and plenty of $ to turn our Tenements into Swiss cheese.
No need to worry now - Time to start adding Value!
ESS Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
