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WeTheMarket

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WeTheMarket

Re: None

Monday, 02/20/2023 1:12:27 PM

Monday, February 20, 2023 1:12:27 PM

Post# of 223
ESS Tech: Drones Vanquish Rumors
Jan. 19, 2023
Electric Phred
https://seekingalpha.com/article/4570809-ess-tech-drones-vanquish-rumors

Summary
- Grizzly Research put out some short seller research on December 7, 2022, stating that ESS's Australian partner isn't in fact building a plant.
- Grizzly used very dated Google satellite images and a SPOT satellite image they claim is from November 1, 2022, to make their point.
- Much higher resolution drone footage from January 16, 2023, puts Grizzly's claims of "no building happening" in the penalty box.
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