ERL 0.00% 0.3¢ empire resources limited

Where is the cash, page-2

  1. 240 Posts.
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    Eh ! .. Maybe I'm wrong but wasn't the 7.6 mil cashflow spoken about by the Board and continually harped upon by certain shareholders to be mainly used to finance and develop the open pit in preparation and readiness to mine the underground Gold at minimal cost with any profit outcome a bonus ? A point at which I believe we are right now. Of course that is all IMHO following a re reading of the Board's various announcements on the matter and joining the dots. Others may not agree but think about it. Can you realistically do all that development work without taking into account all the costs involved ? And ask yourselves why are the Brimstone people so hell bent on getting control of the company if the fruit is not ready for the picking. GLTAIH.
 
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