We need the MC to sustain about $50M (USD).... So about $70M AUD to get picked next round Global X - URA, leading to Jan 2022.
Shouldn't be too difficult once we get lab results back. Took just under 28 days last batch based on the announcements, might be time delay from ASX compliance review processes.
More macro, India needs Vanadium, Strontium, Europium. Expecting further critical minerals reports from other strategic partners.
Nagalia is Uranium, Vanadium, Strontium for example. It was indicated at the AGM, drilling programme was imminent, and was due to delays from rigs being booked out. So already half past Aug.... But means high prob. Nagalia could be strategically important.
More macro, Sprott ATM programme this week. They were interviewed and mention institutions were waiting for this arrangement.
I am hopeful we get more oversea news coverage. With so few shares left "available" it would be next to impossible take up a stake.
Now come Monday morning might see a Bull & Bears article. Didn't see any write ups.
Google "Eclipse Metals" "Stateone" Monday morning, I think they will blast a EPM summary (of friday) announcement through their daily coverage.
EPM Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held
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