Ann: Half Year Accounts, page-2

Basically they recorded  a net loss of approx $3.5 million.
Loss per share of .073c

Should the sale of gold as forecasted not be completed or the Group is unable to generate cash from other sources, there is a material uncertainty that may cast significant doubt as to whether the Group will be able to continue as a going concern and therefore whether it will realise its assets and extinguish its liabilities in the normal course of business and at the amounts stated in the financial statements.

But they expect everything to be all right and have flagged they will continue to sell  FYI if  there are  other delays or problems with the gold

Brimstone is not putting any money in so Empire is covering them ( do I read that right?) ie Empire paid just over $1.1 million on Brinston’s  behalf and is charging them 16% interest calculated daily .

BTW if anyone is interested in who Brimstone is in case they want to look up other affiliations, try searching John Jacoby and Paul Williams.

Payment of loans :
Subsequent to the reporting date they paid $600 grand to Blue Cap ( they owe the rest in six weeks )
and also paid off the $250,000 loan plus 12% interest and costs to the web-based media company ( loan terms in here although I still haven’t rediscovered the place where ‘Third Party ‘ was named http://www.resourcesempire.com.au/docs/31102017 Quarterly Cashflow Report.pdf
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Finally here is info on  the Blue Cap Loan from the 2017 report :

1. (ii) The Joint Venture entered into an agreement with Blue Capital Services Pty Ltd to fund mining costs needed to bring the gold mine into full production. Blue Capital Services Pty Ltd will fund mining and related costs to a maximum of $7,500,000 until the mining operations are cash flow positive. These borrowings are repayable within 7 months of operation commencement on 5 May 2017. The cost of funding, dependent on the amount of draw down, is pro rata up to a maximum of $2,300,000 payable from free cash flow. The fixed return is calculated at 30.7% of the accrued Working Capital Extension and at 30 June 2017 was $439,094. At June 30th 2017, the Joint Venture had drawn-down $1,430,274 on the Blue Cap funding facility. The total JV borrowings at 30 June 2017 were $1,869,368 of which Empire’s 60% share was $1,121,621 inclusive of the facility fee. Blue Cap has a mortgage over the Penny’s Find Gold Project Mining tenements until the borrowings and fixed return is paid in full.