Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

HK Type 4 license through Ballingal Investment Advisors Ltd. 

I'm a highly experienced sell-side analyst with in excess of 22 years of covering Asia Pacific equities, the past 19 years immersed in event strategies encompassing M&A risk arbitrage, directional long/short, stub trades and restructuring.  

My background also includes accountancy (liquidation/bankruptcy/receivership) earlier in my career and as a chief financial officer of a global commodity company based in the US and Mexico.

Pan-Asia Catalysts/Events

Essential Metal: Shareholder Vote On 18th Oct. The IE Says Not Fair

Essential Metals (ESS AU): Scheme With Tianqi/IGO

Essential Metals In Limbo As MinRes Lurks

Essential Metals (ESS AU)'s Scheme: Shareholders To Vote On 20 April. MinRes In The Wings?

Quiddity Advisors

Event-Driven

<ul>
<li>At the 20 April Scheme Meeting, <a href="https://www.smartkarma.com/entities/mineral-resources-ltd" target="_blank" data-smartkarma-citation="entities:15103:1" rel="noopener">Mineral Resources (MIN AU)</a> (with 19.55%) and other shareholders voted against the Tianqi Lithium JV transaction for <a href="https://www.smartkarma.com/entities/essential-metals-ltd" target="_blank" data-smartkarma-citation="entities:9645:1" rel="noopener">Essential Metals (ESS AU)</a>. </li>
<li>This left Essential in no man's land until MinRes (presumably) made a move. But on the 3 July, <a href="https://www.smartkarma.com/entities/develop-global-ltd" target="_blank" data-smartkarma-citation="entities:19413:1" rel="noopener">Develop Global (DVP AU)</a> announced a binding Scheme with ESS.</li>
<li>The all-scrip Scheme transaction has the backing of MinRes, which also owns a <a href="https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02680585-6A1155937?access_token=83ff96335c2d45a094df02a206a39ff4" target="_blank" rel="noopener">~13% stake</a> in Develop. This deal - this time- looks all stitched up.</li>
</ul>


At the 20 April Scheme Meeting, Mineral Resources (MIN AU) (with 19.55%) and other shareholders voted against the Tianqi Lithium JV transaction for Essential Metals (ESS AU). 
This left Essential in no man's land until MinRes (presumably) made a move. But on the 3 July, Develop Global (DVP AU) announced a binding Scheme with ESS.
The all-scrip Scheme transaction has the backing of MinRes, which also owns a ~13% stake in Develop. This deal - this time- looks all stitched up.


Essential Metals/Develop Global: Rock Steady With MinRes Support