Anyone with half a brain can see the value proposition now. ESS has more than enough resource to commence an operation treating 1.6 to 2.0 million tons per year of high-grade lithium ore. There is enough highly prospective ground already evaluated to provide ore for twenty more years with sufficient certainty to commit the relatively small capital to get into production. You must be prepared to accept a small risk to gain the maximum return from valuable assets. The current price will not last forever. Someone has to grasp the nettle and get on with the job. There must be desperate customers for any concentrate we can produce to guarantee the modest capital required.
ESS Price at posting:
40.5¢ Sentiment: Buy Disclosure: Held
