g’day geo2008,
normally I’d agree that more drilling be good, but they are an emerging junior with limited cash. If they believe they have sufficient (or will have after infill program) to progress to feasibility and mining, then that’s the way to go. Once it’s clear to the market that a commercial operation is feasible, it will get rerated higher. Plenty of time for step out drills to find the rest of it, once in production.
cash strapped juniors have to tread a fine line. Constant CR’s at low prices doesn’t do anyone much good.
there have been some who consider management not so good. From what I’ve seen so far, they’re doing a good job with what they have.
cheers,
ned.
- Forums
- ASX - By Stock
- ESS
- Ann: Dome North lithium drill programme to commence
Ann: Dome North lithium drill programme to commence, page-7
-
- There are more pages in this discussion • 327 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
BPH
BPH ENERGY LTD
David Breeze, Managing Director and Executive Chairman
David Breeze
Managing Director and Executive Chairman
SPONSORED BY The Market Online