ESS essential metals limited

I certainly think that ESS could mange the DSO option...

  1. 646 Posts.
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    I certainly think that ESS could mange the DSO option themselves. They did it with the cesium and we now employ a marketing director with recent experience selling lithium DSO. It's definitely an option that is still on the table.

    People seem to be making the assumption that we have to sell to someone. That isn't the case at all. Obviously we won't be accepting the 50c bid. Anyone willing to sell at that price would have already sold. If the bid isn't raised or countered then it's back to plan A.

    Just because the board approved the bid doesn't mean they actually want to sell. They're satisfying their legal responsibility to act in the best interests of shareholders and present us with the opportunity to sell at a price 50% above what it was 2 weeks ago.

    We are the ones who decide how this plays out.
 
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