Management got an offer and I would suggest they would have...

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readyaimfire

12,767 Posts.

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03/05/23

19:41

Post #: 67593292
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Originally posted by shaneos ↑

Management probably still can't understand why MIN have bought a 19.55% stake and "why they are so attracted to Pioneer Dome" (11:30 in last video).

MIN/CE comments today re ESS.

highly strategic for its business

interest in the $120m company is because it has been accumulating a lot of land in that area that provides a lot of exploration opportunities.

Yet management wanted to sell us out at 50 cents with a 11.2Mt resource (with mining licence) and large 400 km2 of tenements in Western Australia's lithium corridor (that have only had the surface scratched as far as exploration is concerned).

There are also Egina/Kangan project tenements in the Pilbara that are adjacent/neighboring to MIN's/ALB's Wodgina operation.

Hopefully they start waking up soon and move on from the "disappointment" of the TLEA deal not going their way.

Edit: changed the percentage from 20% to the correct 19.55% before the couple of happy clappers jump me.

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Management got an offer and I would suggest they would have failed in their duty to have not presented it to holders.

Where was MINs offer… that right there wasn’t one and there still isn’t one.

MIN can come to us not the other way round if it’s such an important asset.

ESS Price at posting: 43.0¢ Sentiment: None Disclosure: Held
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Management got an offer and I would suggest they would have...

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