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ESS essential metals limited

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Me.Agree with your comments.I have about 20% less holdings than...

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malvernmoe

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11/05/23

12:45

Post #: 67721305
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Originally posted by Joe1974: ↑

I totally agree with you @BWarrior.

If MIN want the rock, which we all know they do for Mt. Marion, the best way to force their hand and make them pay up is to offer offtakes and JVs to their direct competition.

MIN have only 20%, no control over where the rock goes at all. They need 50% to control where the rock goes, and that means offering us shareholders a very attractive premium to current price.

I have 2.1 million shares now across 2 accounts (I've been accumulating since TLEA terminated) and I am very happy to sit and wait until production in 2026. I won't be selling my shares and giving away a cash cow for less than $1/share any time soon.

On my analysis, this deposit is worth over US$1B NPV when a reasonable but conservative spod price is applied to the Scoping Study.

Who's with me?

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Me.
Agree with your comments.
I have about 20% less holdings than you & I like you am not interested in anything less than $1.

ESS Price at posting: 45.0¢ Sentiment: None Disclosure: Held
7 Upvote

0 Great analysis

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