ESS
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0.00% 50.0¢ essential metals limited

Petra Capital initiate coverage - Price Target 98c, page-9

  1. w27
    2,504 Posts.
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    31/05/22
    14:12
    Post #: 61728747
    CXO has a serious problem with disposal of tailings as does any company trying to start a mining operation in a high rainfall area if they have to fine grind and recover a concentrate. If the rainfall exceeds the evaporation rate, tailings disposal is a constant and expensive problem. It is not a problem for ESS as the evaporation rate is several times the rainfall.
    ESS Price at posting: 59.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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