Not sure if its been mentioned yet, but speaking of the AKE LTHM merger, they flagged an intention to expand their footprint in WA ahead of Mt Cattlin being exhausted in a couple of years.
This could result in the merged company perhaps looking at ESS or GL1.
I have also seen some suggestions that the merged company might change its mind and pull out of WA and look to sell Mt Cattlin (not what I would do, but it's an option).
If they do look to sell Mt Cattlin, which has a great mill, TLEA may be interested in picking up Mt Cattlin and ESS, and DS ESS's ore to the Mt Cattlin mill, which could prompt a takeover offer.
All of this may also light a fire under MIN to make an offer for ESS before any competition shows up.
There are a million ways this could play out, but with all this corporate activity in the industry and the area, in my opinion its becoming less and less likely that we will be left to go it alone.
ESS Price at posting:
46.3¢ Sentiment: Buy Disclosure: Held
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