EPM eclipse metals limited.

Well this is quite a nice investors presentation, I know it's...

  1. 166 Posts.
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    Well this is quite a nice investors presentation, I know it's been posted prior but what I really like is the 6-12 month planned news-flow. I think that is possibly the most exciting take away and really shows how EPM wants to progress over the next 12 months.

    Ivittuut seems to be going to have the ball rolling over the next 12 months, fantastic. Hopefully for all holders this announcement will be able to clarify the potential Ivittuut holds. There are going to be some challenges along the way, as nearly every person from GGG has brought up, the pit water. Though I would like to see in their mining license application and EIA and how the tailings play in. Good to see they are also going to address the pit water and do some testing on that, could be the first announcement we get when we get people in Ivittuut.

    Great to also see Ngalia basin is developing, we've only got that tenement this year and already planing to commence drilling later this year. Only confusion I have if the negotiations with the traditional land owners have started in Q1, i assume first Q is Q1, maybe it was the First quarter after this announcement.? I don't know but I'll assume that they have started as Carl's past priority is to get approval of the lands council.
    Real key bit to see the Uranium results, so much talk of a secular bull market for U and if EPM can tap into that with Ngalia i'm sure it'll generate positive price movement

    Liverpool (containing devils elbow) my only wish was that there was some more over the next 12 months, Would be great if they would drill the 17 sites identified but then again, if they can find more sites to drill then I suppose that'll be even better and also more efficient.

    Nice to see Mary Valley getting some bulk sampling happening on this front. I think by order this tenement may be the slowest to finally progress. Having a look at historical data as well as doing my own reading regarding the area. Quite a bit of vegetation as well as the need for a bit of infrastructure but great to have in the portfolio whilst EPM have 3 other huge tenements to commercialise.

    Overall my take from this presentation is positive. Should hopefully slow some of the bickering down and allow the more patient holders and HC users to prevail. Can't wait for some more sophisticated discussion to return. Anyway that's my take. I'll be back when we get more announcements.
 
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