ESS essential metals limited

Ann: Scheme Booklet Registered by ASIC, page-2

  1. 891 Posts.
    lightbulb Created with Sketch. 200
    Interesting recommendation by the independent expert as to the valuation offering of , "Not fair but reasonable" for the DEV share offering to ESS shareholders. Looking at page 41, something like a $1 difference between the average valuation range ~$1.71-2.71 (from memory), but reasonable because of exposure to Pioneer Dome and the mining services assets by receiving DEV shares rather than cash

    Is it too late for shareholders via HC to let it be known we want a better ratio of ESS shares (~6.18 from memory) to 1 DEV share. The price always looked on the low side to me, and subsequently lithium is down for the short term. Surely DEV / MIN believe lithium prices will rise in the medium term?.
    What do others think.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.