With the company now down to 2 months worth of cash flow, the question has to be asked what price will the Cap raise be done at and at what level?
Lets run a closest to the flag competition.
Things to consider:
1. There is now 2 months worth of working capital to keep the lights on
2. The U play is now dead, with what looks like no chance of a spin off anytime soon
3. The Greenland project hasn't progressed in 12 months - unless you claim finding some core samples in a shed and on your boot and sending them to the lab as progress.
4. There is a large holder dumping stock
5. Come may there are 177m shares coming out of Escrow
I can't say how much they will raise, as I think they will struggle to do it, but i'm tipping $0.015
Put your tips in.
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EPM
eclipse metals limited.
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What price the Cap raise
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Last
1.9¢ |
Change
-0.001(5.00%) |
Mkt cap ! $56.98M |
Open | High | Low | Value | Volume |
2.0¢ | 2.1¢ | 1.6¢ | $165.6K | 9.122M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 506000 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 409019 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 506000 | 0.018 |
4 | 1561311 | 0.016 |
8 | 1452389 | 0.015 |
11 | 2028569 | 0.014 |
4 | 8250000 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 409019 | 3 |
0.020 | 1208924 | 3 |
0.021 | 3876282 | 1 |
0.022 | 3649691 | 6 |
0.023 | 2009555 | 5 |
Last trade - 15.41pm 28/07/2025 (20 minute delay) ? |
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