ESS 0.00% 50.0¢ essential metals limited

Yes. There is a risk in these times drilling overseas with a...

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    Yes. There is a risk in these times drilling overseas with a depreciating AUD when it is speculative. When drilling in Australia with our low dollar for dollar inland it is okay especially when selling pollucite/caesium material or the like for USD it gives you the edge for making a much higher margin for cash flow. It's all about margin and timing.

    When drilling overseas it could have an opposite effect in the conversion rate and overseas costings limited access times, for hit or miss. If we become were active making money elsewhere in Oz we could take the chance of speculative deep drilling to investigate with new technologies aiding but we do need to be making more own support income at home where we are now – USD to AUD is the currency selling object and the mining direction we should be looking at.

    Sure we can look at a report now the Geos should be back with it but more important first off to know if there is more income coming from Australia from assay and sales reports pending maybe.

    Things are going well for caesium material sales and getting good margin but all stick and no carrot for extra income from by-products and elsewhere in Oz as DC and the board shift and shuffle away towards Mavis Lakes for a look see to try and confirm the presence of additional mineral deposits elsewhere whilst we're looking at home economics.

    Eye on the ball may be the go, I'd say.

    Opinion. DYOR
 
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