ESS essential metals limited

I can't imagine MIN bought 20% just to block the TLEA scheme and...

  1. 3,230 Posts.
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    I can't imagine MIN bought 20% just to block the TLEA scheme and p!ss them off.

    They obviously want the Pioneer Dome resource so why don't they just do a deal for F@#ks sake.

    Tim just offered to "sell the farm" for a 50 cents so I'm sure he would receive an offer for 60-70 cents with open arms.

    I'm personally still happy with a 100 ESS for 1 MIN scrip deal - valuing ESS at 73-74 cents at todays MIN price. MIN would hardly notice the small dilution and it would be value accretive for their business.

    I don't know what MIN are playing at here by waiting?.

    To me, as time goes on and as market sentiment becomes more and more bullish, the price of the asset is surely going up by the day at present.

    Lithium prices are rebounding very strongly in China and I'm guessing today there are far more buyers ready to make a move than 6-12 months ago.

    I would be very surprised if we don't see some sort of big move on ESS by someone in the next 6 weeks.
 
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