I'll take my chances with ESS share price, which is being manipulated all over the place since the takeovers emerged. Could be following the trajectory of DLI, similar territory, similar interest from the mega-miners in WA, but free to explore.
ESS share price has suffered lately by being under the (thumb) rules of these Schemes (2 in a row, 6 months of inaction). Basically hemmed in by the rules the BOARD accepted with the schemes.
ESS has some catching up to do, once it sheds these low bids... Excellent location, excellent resource, excellent prospects, but we are run by an accountant not a geologist or ex-miner. Just need one or 2 changes with CEO and board.Look at the location (Pioneer Dome), between Kal and Esperance port. Near major road, power etc.
DVP had passed its prime, LTR contract gone. DVP situation is more precarious than before the bid started, independednt expert puts underlaying sharepice at $1.74, well below current market price. ESS is unchanged in outlook, lease, and prospectivity. We should be following DLI with Mt Ida.
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