Looks like positive results had been priced in somewhat, doesn’t change the fact that we’ve already got what looks like a profitable deposit on our hands and that we need to focus on time to market alongside further exploration.
Probably a good entry or topup opportunity on the pullback we are likely to see today. ESS are still cheap compared to peers even with limited upside on the current deposit.
ESS Price at posting:
54.5¢ Sentiment: Hold Disclosure: Held
