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0.6¢ eclipse metals limited.

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bucktoothhobo

100 Posts.

34

06/08/21

14:32

Post #: 55088585
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Originally posted by thebarry111: ↑

From the asx announcement 14/01/2021

Can anyone explain how the below is a good deal and how the company will actually achieve this?

They only have $1.8m in the bank which is enough to keep operations going for the next couple of quarters.

The company only has a market cap of $40m.

The company will issue the below shares to complete the deal to buy the Greenland mine:

So they have to pay another $100K.

Not only that they have to give out another:

150 million shares
242 million options at 1.5 cents
192 million options at 5 cents

Not only that they need to make the below payments:

Very interesting deal this one. Is it good for share holders?

As shareholders you are paying a lot for this billion dollar potential.

Thanks Pokie for pointing this out.

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i dont think i will ever understand why someone who doesnt hold a stock would spend so much time posting against it.

surely there better things in life to try and put others down all the time. i think that is something you learn in primary school.

might be better for ones mental health to not be so anti something and be in a constant battle with it. maybe your dog, significant other or couch would benefit more from your time.

EPM Price at posting: 2.2¢ Sentiment: None Disclosure: Not Held
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Last 0.6¢		Change 0.001(20.0%)		Mkt cap ! $13.50M

Open	High	Low	Value	Volume
0.6¢	0.6¢	0.6¢	$5K	833.3K

Buyers (Bids)

No.	Vol.	Price($)
16	7384474	0.5¢

Sellers (Offers)

Price($)	Vol.	No.
0.7¢	2851867	7

View Market Depth

No.	Vol.	Price($)
16	7384474	0.005
12	7968098	0.004
4	3175000	0.003
5	5950009	0.002
2	6000000	0.001

Price($)	Vol.	No.
0.007	2851867	7
0.008	3215714	5
0.009	2606443	3
0.010	3099800	5
0.011	3142422	4

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