Current $600M+ valuation is decided by the market, despite what the IE says.
MINres, underwriters, contracts, directors have all paid/accepted $3.20 for DVP. At stronger metal prices, DVP is worth >$4.
WL development well advanced. Mining services on track for $130M revenue this year with capacity to add one more contract in the short-term.
I think DVP will do just fine even without ESS, maybe hover around $3s till metal prices improve which it will. Whereas without the DVP bid, ESS will be mid 30s.
- Forums
- ASX - By Stock
- ESS
- Ann: Dispatch of Scheme Booklet
Ann: Dispatch of Scheme Booklet, page-184
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ESS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online