ERL 0.00% 0.3¢ empire resources limited

First quarter :...

  1. 5,305 Posts.
    lightbulb Created with Sketch. 459
    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.....
    7E444023-D6B8-48AF-8582-AEE71916263C.jpeg
 
watchlist Created with Sketch. Add ERL (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $5.935M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
11 9564791 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 1556666 2
View Market Depth
Last trade - 16.12pm 18/11/2024 (20 minute delay) ?
ERL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.