Ann: Results of Scheme Meeting, page-22

I think everything has gone as expected today. Personally it’s about chasing probability. 2 powerhouses has expressed interest in ESS. Both have obvious synergies with ESS ( arguably Min more so than IGO/tianqi). Is there a guarantee of a new takeover offer - No. Do I think it’s more likely than not - Yes. If there is no new takeover what am I risking - maybe from 50c cost down to 40 c. If there is a new takeover what do I stand to gain from 50c price to 60?, 70? …80? Yes I would have loved to have sold at 58c and bought back at 49c. I didn’t. I have bought more today. The stock market transfers wealth from the inpatient to the patient. GLTAHs