978.4M shares + around 8 million unlisted options expire 30 nov 2016
Cash $410k @ 30 Jun
SP: 0.006c and MC $3.9M
Eclipse Metals Ltd holds an impressive portfolio of tenements covering an area of approximately 11,300km2 in 21 exploration licenses in the Northern Territory and Queensland. This multi-commodity tenement package includes prospects for manganese, gold, uranium and base metal mineralisation
what got my interest is
"LIVERPOOL PROJECT FARM-IN & JOINT VENTURE
HIGHLIGHTS: RIO TINTO CAN FUND UP TO $5 MILLION EXPLORATION EXPENDITURE TO EARN A 90% INTEREST IN ONE OF THE FIVE ECLIPSE LIVERPOOL PROJECT URANIUM-GOLD-PALLADIUM TENEMENTS. RIO TINTO HAS THE RIGHT OF FIRST REFUSAL OVER OTHER TENEMENTS HELD BY ECLIPSE IN THE NORTHERN TERRITORY."
looks similar like AZY to me but smaller investment from Rio Tinto.
SP has been down since after news released, but recently has start building up steady after bottomed..0
