ERL 0.00% 0.3¢ empire resources limited

This all seems excellent news and positive for holders . I...

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  1. 5,305 Posts.
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    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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