ESS essential metals limited

Ann: Essential and TLEA to enter into Scheme of Arrangement, page-114

  1. 3,213 Posts.
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    That is an extremely good point!!

    I had assumed the "survey" was commissioned by ESS management, but now that you mention it, it may have actually been commissioned by IGO.

    Would this even be legal?. Would they have access to every shareholders contact details??.

    It wasn't really a neutral survey as the questions were kind of designed to play up the fact the bid was "fair value" and that the SP would tank if the bid failed. There was also talk of "significant dilution" if the company was kind of forced into developing the resource. Perhaps they should take a look at Core Lithium and other juniors that had a very low market cap before kicking goals, increasing value and raising funds along the way at ever increasing prices.

    So whether it was IGO or ESS (I can't recall if they said anything about it being arranged by ESS??), it was clear to me they were making a bit of a bit of a pitch for the deal being a good one eek.png

    Even something she said towards the end - one of the questions was how likely would it be that I may change my mind - very unlikely I said!!.

    So you could be onto something InitEarly - good thinking.

    The phone number was from Sydney - so no doubt just an external survey company hired to ask certain questions - by a script, and record the responses.
 
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