Callahan I'm not stalking you man, I have held EPM for many years as well.
This News has obviously not been understood by the market, Management have done what Rio could not do, but more importantly not only is this a lifetime agreement its also an agreement to Mine as well as explore.
Getting the trust and approval of the NLC and the people in West Arnhem land is a very big deal.
I like to call this parcel of land the Garden of Eden when it comes to Prospective Mineralisation.
Over a Oz of gold per ton US$ 1,558
Near an ounce of Palladium per ton US$ 2,603
Uranium and Platinum. US$
Other miners get excited at 2.5 grams per ton of Gold. Just look at what EPM might have.
Exploration season starts in April I believe, so obviously EPM must have something planned and a Cap raise wont do it.
Maybe a deal with a major at much better terms than the Rio agreement.
Either way you don't state getting approvals in place in January for the upcoming season if you haven't already progressed favourable terms.
I am a little excited.
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Callahan I'm not stalking you man, I have held EPM for many...
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