the last two lines the OZ Yellow deal was originally signed two...

the last two lines the OZ Yellow deal was originally signed two years ago.
The original deal worked out to be 27:1 share, the revised 2022 deal was about 50:1
This was on the back drop of the U308 spot, rallying from $20lb to $45lb (when the agreement entered into).... U308 is now $100lb (touched $106lb).
And shareholders are eagerly waiting for the deal to finalise.

Basically the spin out at the current EPM market cap is probably about 150%+ the market cap of EPM, however that works.
The recent IPO I88, hit 100% on open.
Oz Yellow would have similar potential.
Sabre (SBR) recently drilled their Ngalia tenements (10kms from EPM), and struck 5194 ppm eU308. (Air Core Drilling, RC Drilling (Reverse Circulation)
(Ngalia basin is special in that it is uranium/vanadium, and REE hosting); and cheap as chips to air core drill (so you can get a wide area for your targets without costing the earth).

Over in Greenland EPM is probably over the half way point in the processes of obtaining a mining licence; they need to drain the pit (but need water testing, to ensure the pump filtration solution is effective).

The relevant EU CRMA grants close 7th Feb (some 200M+ EU pool) so if EPM is indeed strategic to Europe (which has been documented academically) it could receive "Strategic Project" status (fast track approvals) which provides funding opportunities and private investments (presumably tax effective for investors).

There has been twitter chat that EU Fund Managers are yet, but will pounce on Uranium Companies in 2024 - this is doesn't help EPM directly - but shows that EU Fund Managers have been largely absent from the ASX in 2023; as though they were waiting for the EU CRMA to be voted and approved, which occurred early in mid December. So the "Strategic Project" status might entice further institutional investment this time from the EU.
So far the institutional investment has been from the US.

I would say there is nothing stopping EPM from receiving support from both frameworks. The Pope has previously mentioned the potential of Gronnedal is that it is very high on NdPr ratio and may assist to blend up existing feedstock of REE existing projects.