EPM eclipse metals limited.

Ann: High-Grade Quartz Delineated Below Ivittuut Pit, page-4

  1. 6,947 Posts.
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    Massive high grade value from quantity and expected prices range.

    Exploration Target - Lower Quartz 5,700,000 MT of 90.0 to 95.0 percent
    Exploration Target - Upper Quartz 5,940,000 MT of 90.0 to 95.0 percent

    Prices range of:

    Powder US$ 1,000 – US$ 1,500 with ASP US$ 1,276
    Grade I US$ 3,500 – US$ 5,500 with ASP US$ 4,460
    Grade II US$ 7,500 – US$ 11,500 with ASP US$ 8,975
    Grade III US$ 12,500 – US$ 19,000 with ASP US$ 15,126

    Let just take the lowest price of Powder and time the lowest quantity which is (1276 * 5,700,000) US$7,273,200,000. That is over US$7 billions and not millions. Am I right?
 
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(20min delay)
Last
1.4¢
Change
-0.001(6.67%)
Mkt cap ! $41.98M
Open High Low Value Volume
1.5¢ 1.5¢ 1.4¢ $37.98K 2.585M

Buyers (Bids)

No. Vol. Price($)
14 2781171 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 3533738 4
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