ERL 0.00% 0.3¢ empire resources limited

Ann: Trading Halt, page-12

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  1. 177 Posts.

    Just read the announcement
    I believe that Blue Cap want to re negotiate the mining funding to continue the operation going forward
    Maybe the loans have been paid but there is no funds in the bickie tin to continue the mining operation

    Blue Cap as made a nice earn out of this operation and maybe want to renegotiate the next phase of the mining
    operation
    Empire are definitely skating on thin ice when it comes to the financials
    OIMO
    Last edited by robertp: 23/01/18
 
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