EPM eclipse metals limited.

What price the Cap raise

  1. 4,790 Posts.
    lightbulb Created with Sketch. 634
    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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(20min delay)
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
Last trade - 15.41pm 28/07/2025 (20 minute delay) ?
EPM (ASX) Chart
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