Ann: Mineral Resources Shareholding in Essential Metals, page-80

Lot of opinions, lot of facts, lot of make-believe, lot of speculation on this thread today... in itself that tells me it;s not the simple done-deal some want to believe. I don;t like the tone of your post rookie so I didn;t upvote it, but the risk TLEA walk is obviously the reason shares have fallen. Value of ESS 8Mt of ore is whatever variables you plug into a spreadsheet, but the ASX is full of high NPV projects inside companies worth a small fraction of that NPV when there is no bidder, just CR's as far as the eye can see to get development funded. Not saying MIN will let ESS get that far, but if TLEA walk MIN will hose us down for a year or more before throwing holders another TO life raft imo.

Still, I bought back most of the shares I sold despite my gut telling me it could be a rough and unrewarding wait if TLEA walk. Firstly, i can't believe TLEA would go through this trouble and set-up ESS just to cut them loose as soon as the obvious happened (MIN buys 20% of DSO satellite feed target). Dog act as I say, although maybe understandable if the JV has had a falling out and one party doesn't care anymore for regional consolidation games. Secondly, finished my tax last night and realised life is too short and I don;t need to keep playing it safe all the time. So I'm back to where we were a couple of weeks ago... loaded up and nervously waiting to see what transpires

GLTAH