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50.0¢ essential metals limited

General Discussion, page-1656

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sujmano

1,136 Posts.

25

23/02/23

14:54

Post #: 66422892
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Originally posted by Milcom: ↑

Hard to believe people think this would trade 70 cents to $1 without a bid. Its a tiny resource which they have not managed to grow at all despite drilling. Nobody is gonna fund the capex, I can guarantee it. They also don't have the capital to drill the hell out of the area

Market is starting to give up on a higher bid so it's either take the 50c or see it fall back to 30c or lower

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do you think Odey are going to be buying up like they have been if they don’t foresee a higher/revised bid?

ESS Price at posting: 49.5¢ Sentiment: Hold Disclosure: Held
5 Upvote

0 Great analysis

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