They sure have a few rabbits, not the least of which is the capacity to get lithium mining on the road quickly without dilution: to say nothing of management by the most successful mining executive in the last twenty years in Australia. Have a look at the information on Woodlawn which is close to starting operations. It will be a highly profitable mine for many years. I would not want to denigrate the current management of ESS but they have done their best and have not been able to come up with a deal to finance development of Pioneer Dome that would give a greater return to shareholders than the one they have recommended.
ESS Price at posting:
46.0¢ Sentiment: Buy Disclosure: Held