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ESS essential metals limited

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Ann: Ceasing to be a substantial holder, page-17

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gberra

419 Posts.

130

03/02/23

14:52

Post #: 66057371
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Originally posted by w27: ↑

There is a school of thought that the superior strategy for later bidders is to make a high bid and blow others out of the water. Of course, this is only possible when the target is very much undervalued, which is the case with ESS. I know that this has been the strategy used by Chris Ellison in previous takeovers. And Chris Ellison (Mineral Resources) are the natural owners of Pioneer Dome. I can't see him not being in the battle eventually. ESS is small beer for MIN and fits with their lithium strategy.

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I appreciate your comments. Not MIN s approach with WGO recently. There’s a Bidding war and MIN has basically raised the white flag and said it’s all getting too expensive. Maybe Chris’d rather shift his attention to ESS

ESS Price at posting: 53.0¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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Ann: Ceasing to be a substantial holder, page-17

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