First quarter : http://www.resourcesempire.com.au/docs/28102015 Quarterly Activities Report.pdf
Further research :
Apparently two samples were analysed by Metalkurgy PTY Ltd
Also 4 diamond holes drilled
2 water holes
Botanical Consukting did a Flora and Fauna survey
In the second quarter http://www.resourcesempire.com.au/docs/28012016 Quarterly Activities Report.pdf
the open pit mine was designed
The Environmental Clearing application was advertised
Civil engineers designed a road diversion
And an underground scoping study was started.
There were also talks with toll treaters.p in both quarters.
I may have been being too rough on Empire ...- mining is an expensive business.
The managers all decided to take their outstanding fees in the form of options at this half yearly meaning none of the $171,146 paid to employees and contractors came to them . Although I imagine those fees covered a fair bit of the payments for services..
Possibly Barola truly did pay pay 7c a share or a genuine $400,000.
For anyone who happens to read this and understands this stuff here is another picture from the half yearly report .
Seems on the books there is a substantial profit to the shareholders after all.....
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