..and what's the time frame for their SP target ? EOY?
Think its quite reasonable to assume a target of $1.00 to $1.50 by EOY with all that about to happen with ESS. Just a matter of Management ticking boxes on the path to increasing resource, development and mining.
Tim has stated ' we aspire to be like CXO'and they are North of 2B Market Cap now ....and IMO ESS has a much simpler spodumene deposit to mine and will have a greater Ore RESERVE in a future DFS than CXO had in their DFS!
Some recent negative articles of CXO in regard to Environmental runoff due to the high rainfall up there in NT, again ESS wont have that issue.
