EPM 0.00% 0.7¢ eclipse metals limited.

Ann: Mary Valley Manganese Project Update, page-9

  1. 3,287 Posts.
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    They dont even number any of the pages. This shows the absolute lack of interest and attention to detail these directors show in this company.

    This 'report' is the same thing they always do. A rehash of past reports. The only new information was on pages 5 and 6 (I had to count the pages), the other 10 pages has been regurgitated so many times now it is not funny. This must be the geotechnical 'investigation' Rodney dale did for his $30K payout this year, which will be $40K next year if the resolution is passed at the whitewash AGM.

    So whats new? They are planning on doing more drilling. Smack my head. Maybe in 2020? Remember the only drill campaign so far took them 18 month to organise from a simple gravity survey to assays, and then they only drilled 150 metres. Unbelievable.

    Still 5 quarters of directors fees that can be sucked out of the cash holdings yet before the gravy train crashes . Might ask ASX about what constitutes sufficient 'activity' for a company to be listed.

    How do you think they would go in a CR? Im guessing Habib 'Totalkiller' is postioning for a take over , why else would you buy $600K worth of stock? Companies EV only $3.5M.
 
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