I think you closer to the money than most, at US$2000/t ESS becomes a a money printing machine. Everyone is expecting the PLS BMX auction in the spot market to be >$3000US/t Be great for ESS get to get their product sold on spot similar to this BMX site.
I actually think PLS may be a good cornerstone investor for ESS for reasons other than the BMX - that's for another discussion.
In regard to more supply coming on line in 24/25, below is an interesting chart that shows you an EV sales forcaste The pink part of the column are the amount of EV makers would have made if they had enough battery metals.
Sort of blows my mind, but also confirms why all battery metal miners are getting incentivized to explore, find and mine. All battery metal miners should do very well over the next decade in this commodities supper cycle
Agree that would love to see some deeper Diamond holes in CADE to get to our 15mt Even if its just to show the market we can add to our resource at will.
ESS Price at posting:
40.5¢ Sentiment: Buy Disclosure: Held
