EPM 20.0% 0.6¢ eclipse metals limited.

Ann: Trading Halt, page-22

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  1. 8,556 Posts.
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    You have the advantage of me over the six months you say it would take to drain the pit. I am not a water engineer.

    If what you say is right then six months would take up virtually the whole of a field season in Greenland. I wonder how much time would be left, if any, to start drilling into the bottom of the pit.

    Here's hoping they can drain the pit more quickly.

    It's the pit that will reimburse the $20 million dollars that EPM still has to pay to Cerium, by the time EPM gets an exploitation licence (see announcement to ASX of 14th January).

    At this moment, REEs are a pipe dream for EPM. The pit is money in the bank.
 
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