ESS was about 25% of my portfolio as I could see good value in...

ESS was about 25% of my portfolio as I could see good value in comparison to the share price. Managed to get an average down to around 43c which I thought was quite good. (and still do) However when no new offers came in at 60c or 65c I was hugely disappointed and lost patience and sold out average 49c. I think ESS was just unlucky that the first offer was so low and secondly that no higher offers made.
Might get lucky. ESS has fertile tenements. If only the exploration work pays off. Could change everything.
Cash burn probably will erode the share price more over time, but there are many out there that see this is an under-valued ready to mine resource.
Unfortunately it is impossible to predict when a higher bid comes forth. Might even take over a year.
Failing the exploration paying off I think go for DSO through Esperance being the way to go ...if there is not better offer for the ore. Get cash from mining ...that is what it is all about right?
Just some ideas.