News: ESS Tianqi Lithium Terminates Plan Of Acquiring Essential Metals, page-3

The scheme is dead as we said.. It was pointless with MIN showing a black Ace to kill any adjustment to the scheme.

Tianqi Lithium CEO Raj Surendran responded in a statement that the company "is considering all of its options".



I wonder if Clayton is eating mud? To low a bid, too vulnerable to MIN. I don't think the tactic was good. TLEA should have ESS for the new location foothold, infrastructure near Kal, battery centre for future, resource and potential of tenements. MIN should have ESS for synergies with My Marion, location and potential of tenements.


Clayton Utz look a little silly now, the strategy was terrible....