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14.3% 0.3¢ empire resources limited

Ann: Pennys Find Gold Mine - Lakewood Milling Results to Date, page-2

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  1. sabine
    5,305 Posts.
    lightbulb Created with Sketch. 459
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    01/06/18
    08:41
    Post #: 33422758
    This all seems excellent news and  positive for holders .
    I really hope whether or not the board changes that this is a sign of the future.

    But I wonder why they gave Brimstone $480,000 rather than retaining it and reducing the Brimstone debt to $620,000.
    As of last I read on the arrangements around this debt  interest was accumulating on this debt at 18%.   I assume the payment is a technicality and Brimstone will pay it straight back ?




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    ERL Price at posting: 1.3¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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