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ESS essential metals limited

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Hi Berserk, MIN may have a large start on TLEA as you say with...

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Names little

19,346 Posts.

1474

19/04/23

09:08

Post #: 67346320
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Originally posted by BerserkWarrior: ↑

That's true of the Scheme conditions however there's nothing to stop them withdrawing the Scheme & going hostile on market without any minimum acceptance......they could aim for control with 51% but MIN have a large start on them now. Best TLEA can hope for is a blocking stake I think to give them a seat at the table and then come to some agreement with MIN going forward regarding development if they want to keep playing. This has many permutations to a final outcome.
Disc: sold Friday/Monday. Looking to buy back in

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Hi Berserk, MIN may have a large start on TLEA as you say with their existing holding, but they can’t increase it significantly without making an offer themselves.

ESS Price at posting: 51.5¢ Sentiment: None Disclosure: Held
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Hi Berserk, MIN may have a large start on TLEA as you say with...

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