ESS 0.00% 50.0¢ essential metals limited

Ann: Quarterly Activities Report, page-5

  1. 3,567 Posts.
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    great post @mistie

    yes, huge upside for this company and its lithium project given the current momentum of the Li sector.

    ESS current resource of 11.2MT @ 1.21% isn’t too far away from CXO’s 14.7MT at 1.32%. CXO’s project is well advanced and their spod is of great quality, but still, ESS MC is currently 10% of CXO’s. So I think ESS could be a CXO 2.0 in the making. During this lithium bull run CXO SP was up as much as 359% the last month too.

    And I agree, this stock is well undervalued and should have a minimum MC of around $50mil.

    I think management are aware of what the lithium sector and lithium stocks have done over the last 3 months, so I too hope to see plenty of action at the Li project.

    Plenty of cash too

    IMO

    GLTAH
 
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