on move, page-5

Hi sirkev,

Eps has a conceptual target of 1Bt iron ore, mainly magnetite. It is yet to be tested which is why the sp is where it is. The company has very few shares on issue so the shareprice is a bit erratic. I have been with the company on and off since its inception and I took a keen interest for a while. My holdings are in the bottom drawer while the company gets approvals etc sorted. They will need to raise capital in the near future and I will be reviewing my holdings when the cap raising happens. Until then my iron ore focus is on VMS, currently in a trading halt and likely to see some action on Friday.