The story is that two much larger players have put their hard earned into acquiring this company. One's opening bid was 50c and their takeover method was scuppered, the other paid up to 58c. What's going on behind the scenes right now is anyone's guess. But lack of disclosure doesn't mean the the CEO sits idle.
If I was a bookie, my odds* are;
ESS develop Dome North alone - 1%
MIN acquires ESS - 75%
TLEA acquires ESS - 10%
Other entity acquires ESS - 5%
ESS struggle to develop Dome North with multiple cap raisings and little progress for 5+ years - 9%
*based on finger to the wind
The story is that two much larger players have put their hard...
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