Yeah i know, but from memory theyve mainly done infill drilling to move from inferred to indicated (not a lot of resource expansion drilling)
I believe its the reason ESS is not loved , as they havent done much in 2 years at that front
Don't get me wrong though they are more advanced than most other explorers in terms of moving towards development on the current resource
At the current market rates the current resource is still very attractive, but some people may be worried that if lithium prices soften then small deposits like this may no longer be very attractive
Id say its still an attractive play at this market cap
ESS Price at posting:
48.0¢ Sentiment: Buy Disclosure: Not Held
