ESS essential metals limited

Proving up a mineable deposit of open cut gold in one of the ESS...

  1. w27
    2,713 Posts.
    lightbulb Created with Sketch. 828
    Proving up a mineable deposit of open cut gold in one of the ESS properties will make development of lithium a very much easier proposition and will eliminate or greatly reduce any dilution of shareholder value in the lithium development process. Kalgoorlie is a very well developed mining district with excellent mining infrastructure. Development of any viable discovery of gold there will require little capital and no expenditure on infrastructure that will be necessary to develop a discovery in most other places. There are treatment plants able to toll treat any ore in close proximity of the ESS leases and mining contractors embedded in the area. Capital to develop a lithium plant can be generated while the lithium is being proved up and all the necessary approvals obtained. As far as I can see the ESS management are heading in the right direction. They have not eased up on lithium even if they are taking a cautious approach in doing the necessary preliminary work before spending money on drilling the lithium properties.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.