It's a fallacy to believe HC has that much influence
I bought long time ago as I hoped they could become the next CXO but ESS has failed in growing the resource at all. Lowering the cut-off grade is just nonsense and I turned bearish after that. The bid at 50c was a god send, without it I am sure this would be in the 20's.
Higher bid or not that's the only question. My bet is not so I got out, very simple.
Iran now claims they found the worlds 2nd largest lithium deposit. If true then the spot price could fall further
ESS Price at posting:
49.5¢ Sentiment: None Disclosure: Not Held