ESS essential metals limited

Get your facts right before cutting this down.First milestone...

  1. 2,763 Posts.
    lightbulb Created with Sketch. 1551
    Get your facts right before cutting this down.

    First milestone payment not triggered until FID next year.

    "Develop can elect to satisfy the contingent consideration in cash, Develop fully paid ordinary shares or a combination of both. Any issue of shares under the contingent consideration is subject to Develop shareholder approval, and will be at deemed issue prices based on the 5 trading day WWAP prior to the relevant milestone being met."

    Dilution? Scrip could be issued at >$5. Cash could be from off-take prepayment. Could be a combination of both.

    Re-start financed by debt, which will be serviced by mining services.

    Consensus indicate base metal prices are set for strong upswing. You are looking at a five-bagger in the making. Vote YES.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

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