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0.5¢ eclipse metals limited.

Ann: December 2018 Interim Financial Report, page-4

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suhel.shabhai

457 Posts.

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08/03/19

19:54

Post #: 37704091
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Originally posted by bene449: ↑

Priceless suhel

So you are saying exploration should not be necessary as they should know what resources are where and in what quantity.

Seems fair to me lol

This I think is a worry, taken from the recent report

The ability of the Group to continue as a going concern and meet its planned exploration, administration, and other commitments is dependent upon the future successful raising of necessary funding through equity or borrowings, successful exploitation of the Group’s exploration assets, and or sale of non-core assets. In the event that the Group cannot raise further equity or commence profitable operations,the Group may not be able to meet its liabilities as they fall due or realise its assets in the normal course of business.

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so They could not do it in last 6 years? are you saying whatever EPM did was right? definitely not, they must have done a lot of things wrong. Their Earning growth was positive in last 6 years and still EPM was making loss. So where did the money go? definitely something is fishy.

EPM Price at posting: 0.3¢ Sentiment: None Disclosure: Held
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