ESS 0.00% 50.0¢ essential metals limited

ESS Chart, page-202

  1. 1,557 Posts.
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    40c and a MC of $98m which is an exploration valuation

    keep infill drilling, resource upgrade, process scoping study, Li price might stabilise which will be great for longer term certainty.

    spod $ of US $2500/t would make this project highly highly profitable

    compare DFS of CXO and LTR - with spod price of $US1700/t - IRR in the 50's at this price and an IRR of 80 + which is such an attractor.

    just let 2022 pan out, by December 2022 not surprised IF a TO happened especially if we are still sub $300m

    Has the real potential to generate $400m revenue that is roughly a very conservative $1.6b company.

    Best part with $9m in the bank plus equity in other shares that the IF next CR will be when in thew $1 range that will mean very minimal dilution.
 
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Currently unlisted public company.

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