@pilbara wonderer
Whlist i agree that ESS is undervalued for various reasons, the value of Manna is not just for 9.9mT
They're forward looking and they anticipate the Manna resource to increase in size and also has been unofficially confirmed/hinted that it will be mined / is economical
9.9mT was based off under 4000m of previous drilling. Currently they are drilling approx 24000m at Manna with some of the newer assays already out and others yet to be released. The company is expecting the first resource upgrade to be announced by the end of this year and are continuing to find outcropping lithium bearing pegmatites at the project (what i mean by forward looking)
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