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0.00% 0.6¢ eclipse metals limited.

Current SP and Banter., page-99

  1. vontrader
    23,919 Posts.
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    28/01/18
    13:14
    Post #: 30610642
    We know there is high grade Mn, they've got historical mining records and it's outcropping everywhere !

    It all comes down to the size of the resource. If EPM can get ballpark 1Mt+ of high grade Mn, they will be well on the way to $100M market cap.


    epmNO1.png

    MANGA1.png

    Compare them to others like Meridian Mining worth CAD$95M, so around AU$97M

    https://hotcopper.com.au/threads/meridian-mining-comparison.3880085/?post_id=29270189#.Wm0x3aiWbIU

    Only thing holding the SP back at this stage is lack of newsflow and catalysts. Hopefully it is before March that we get drilling update and assays, but can't see it dipping too much lower
    EPM Price at posting: 1.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 18  Upvote
    lightbulb Created with Sketch.  Great analysis
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