Stars aligning for ESS
We have Strong fundamentals in an insatiable apatite for decades for what we are about to mine.
An easily Open cut Development (from Surface) JORC defined Resource - to be classified a mineable RESERVE (after DFS), one of only a few in Australia and the ONLY ONE without an Offtake.
Tier 1 Location. WA - Best in the World!
Macro markets looking strong - Lithium Carbonate, Hydroxide and Spodumene prices STILL going UP giving any company 'software margin' profitability, ie profits over about 10X costs.
Strong Technicals - Looking strong with a Breakout of a Bull flag.
Been good consolidation at these higher levels for a while so primed for the next leg up.
Some analysts suggest Bear Market in the US is close to Bottom - not that it has effected this sector much.
Increased and Upgraded Resource (category) due soon.
Scoping Study by EOY
Money Flowing in from Options
DFS early next year
Mining license
Offtakes any time soon stumping up Development $ to get this party started.
and Party ESS holders will!
Stay Patient all and good luck all - the time for value creation is upon us.
Stars aligning for ESSWe have Strong fundamentals in an...
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