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50.0¢ essential metals limited

General Discussion, page-1889

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sujmano

1,136 Posts.

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04/04/23

21:40

Post #: 67136161
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Originally posted by w27: ↑

Chris Ellison is keen on this type of thing as he uses shares as payment and he can do a deal where he provides the plant on a build, operate, own, basis which is his bread and butter and can negotiate a very profitable deal for MIN. He then gets an immediate increase in the share price of the target, in which he owns a substantial stake. This enhances his balance sheet and charges him up for the next deal. I can't see this ending without him featuring somewhere.

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I agree but realistically if we don’t hear anything in the next week or so a competing offer is looking unlikely. Voting closes on the 18th from memory. General consensus from smaller holders is that the offer isn’t high enough, what’s the process if they decided to increase the offer? Everyone votes again?

ESS Price at posting: 48.5¢ Sentiment: Hold Disclosure: Held
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