P.s - CXO is on another level since it is more advanced.
CXO current market cap is $1.34B but they may start production as early as Q4 2022 their resource size is 14.7mT
GL1 is a better comparison to ESS as they are at the same exploration level as ESS
GL1 market cap is $270M (and increasing daily) resource size at MB 10.5mT , MANNA unknown Earliest production 2025
ESS Market Cap $90M Resource size 11.2mT Earliest production 2025
both GL1 and ESS in my opinion would be take over targets. ESS at $90m MC is either very undervalued or the other is over valued. GL1 has Chinese support and the market seems to be loving it, while ESS is playing catch up.
ESS Price at posting:
36.5¢ Sentiment: Buy Disclosure: Held
