We know there is high grade Mn, they've got historical mining records and it's outcropping everywhere !
It all comes down to the size of the resource. If EPM can get ballpark 1Mt+ of high grade Mn, they will be well on the way to $100M market cap.
Compare them to others like Meridian Mining worth CAD$95M, so around AU$97M
https://hotcopper.com.au/threads/meridian-mining-comparison.3880085/?post_id=29270189#.Wm0x3aiWbIU
Only thing holding the SP back at this stage is lack of newsflow and catalysts. Hopefully it is before March that we get drilling update and assays, but can't see it dipping too much lower
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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14 | 6293098 | 0.004 |
3 | 3000000 | 0.003 |
7 | 7439759 | 0.002 |
3 | 6506418 | 0.001 |
Price($) | Vol. | No. |
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0.007 | 3180169 | 8 |
0.008 | 3142857 | 4 |
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