EPM 0.00% 0.8¢ eclipse metals limited.

EPM management - the right mix ?, page-70

  1. 478 Posts.
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    Well we can break down some of what you've left out there.

    remember that there are cores from Gronnedal Ika in transit to Perth. That's going to define that resource. Europium is worth Well north over $1,000,000 a tonne USD, if they find quite a bit there it's going to offset quite a bit of cost. As @MacroJohn points out they have all the infrastructure there, they just need to dig it out, truck it to a boat and they are set.

    Your claim about it taking 7 years is very false, and based off your experience holding GGG and all its U problems which EPM doesn't have. NAMA has been maintaining the pit since 2012 and has prepared EIA , ML app, JORC report and prepared for water testing https://www.namaltd.co.uk/projects-2/

    work has occurred, and it's the boring paper work which is drafted up. Yeah Ivittuut could be 2 years off from being mined, but EPM isn't in the cross-hairs of the public and government

    https://hotcopper.com.au/data/attachments/3521/3521784-86607c9aaae2d0e2c34d2761c5c714bf.jpghttps://hotcopper.com.au/data/attachments/3521/3521781-7de8437df20dcc9f33044b08a7222cbb.jpg
    all you need to do is check out how much interest BlueJay is getting, big names worth billions have expressed interest in Greenland's REE. I'm pretty sure every bank will want to do business there, unless they have similar Uranium levels to Olympic Dam

    the other tenements have had work done, Ngalia is getting drilling soon, Liverpool is world renowned (RIO has a massive operation there, AGE down the road) just need to start drilling there. Mary Valley is not receiving as much love but work is still planned. Yeah requires money, but if the results are good they are not going to have issue getting it.

    EPM doesn't have symbiotic relationship with GGG, only connection between the 2 is tanbreeze. EPMs Greenland success can succeed with or without GGG, the reverse isn't true hence why there's quite a bit of emotional GGG holders here on this thread. And mines are really binary, they are either operation, or not. The in-between is exploration and getting it approved, if it doesn't get approved it becomes non operational





 
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