Its very important as we move from explorer to developer that we derisk along each step of the way.
Macro lithium environment is in our favour, good economical mineral resource, attention and supply/demand in our favour.
Still worth about $90m US !! - pocket money
Not worried about TPO because with such a low SOI at where we are in the project lifecycle there would be Gary of suiters willing to fork out $300-400m by Christmas or Q1/2 next year.
For us the best that can happen is that CXO price goes nuts (disclaimer I hold) and we track along.
Need to get that 11mt slightly higher to 15mt for a 15 mine life.
ESS Price at posting:
52.0¢ Sentiment: Hold Disclosure: Held
